Matthew Devlin

Matthew Devlin News

  • Two Former Day Traders Settle SEC Suit Over Insider Tips

    Two former day traders who were convicted of trading on stock tips gleaned from the wife of a former Lehman Brothers Holdings Inc. salesman settled claims by the U.S. Securities and Exchange Commission.

  • Ex-Lehman Broker Devlin Sentenced to Three Years’ Probation

    Ex-Lehman Brothers Holdings Inc. broker Matthew Devlin, who cooperated with a U.S. probe of insider trading, was sentenced to three years of probation after prosecutors cited his “noteworthy” assistance.

  • Hefner Husband Takes Insider Trading Into Playboy Bedroom

    Christie Hefner, former chief executive officer of Playboy Enterprises Inc., said she was shocked as her husband of 15 years, William Marovitz, confessed to her that he was being investigated for suspicious trading in Playboy shares. They were in their apartment atop a 42-story Lincoln Park tower overlooking the glittering Chicago skyline and Lake Michigan on a March evening in 2010.

  • Harbinger Capital, Day Traders, MF Global, Cement, T-Mobile: Compliance

    Billionaire Philip Falcone’s hedge fund, Harbinger Capital Partners LLC, was told it may be sued by federal regulators for securities-law violations and said it plans to halt investor withdrawals at year-end.

  • AT&T, HSBC-MF Global, BP, Sabre, Apple, AMR in Court News

    AT&T Inc.’s plan to buy T-Mobile USA Inc. was placed in further jeopardy after a federal judge agreed to consider a request by the U.S. to postpone or dismiss its lawsuit seeking to block the deal.

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