Hebrew University Prof. To pay $850,000 for Intel-Mobileye insider Trading
Professor Ariel Dervasi of the Hebrew University of Jerusalem, Department of Genetics, agreed to pay $ 854,000 to settle the claims filed against him in the United States for the use of insider information More...
Former Amaya Gaming CEO David Baazov involve in kickback scheme, watchdog says
In what is called “the biggest insider trading investigation in Canadian history”, Quebec’s securities watchdog, Autorité des marchés financiers (AMF) said it has uncovered a More...
Valeant, Ackman must face U.S. insider trading lawsuit
A U.S. judge said Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N) and activist hedge fund manager William Ackman must face a lawsuit accusing them of insider trading in Allergan Inc before More...
Robert Cohen and Joseph Sansone Named Market Abuse Unit Co-Chiefs
The Securities and Exchange Commission today announced that Robert Cohen and Joseph Sansone have been named co-chiefs of the Division of Enforcement’s Market Abuse Unit, a national specialized unit that More...
VIDEO Hackers stole secrets for up to $100 million insider-trading profit: U.S
An alliance of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years after stealing confidential corporate press releases, U.S. More...
Hedge Fund Manager David Ganek Sues Government over ‘Surreal’ FBI Raid
David Ganek is suing the government for a “surreal” raid that ultimately destroyed his hedge fund, according to Business Insider. Last December, the United States Court of Appeal, second circuit, More...
Why Connecticut Doesn’t Want Hedge Fund Manager Steve Cohen to Leave
It is no secret that taxes from the super rich create major revenues for states, but how much states lean on hedge fund managers and others makes it imperative that they discourage millionaires and billionaires More...
David Baazov Doesn’t Anticipate Losing His Shirt in Newest Investigation
Amaya has been hit with a second wave of investigations, this time from the United States’ Financial Industries Regulation Authority into possible insider trading, according to casino.org. The More...
Investor Steve Cohen Is Pulling College Graduates into his Hedge
Steve Cohen, who once ran one of the most successful hedge funds in the world until he was brought down on insider trading charges, is looking for young blood for his firm Point72, as reported by Business More...
Former NY Governor Eliot Spitzer Calls for Insider Trading Law
Former “Sheriff of Wall Street” Eliot Spitzer told CNBC on Monday that a law defining insider trading should be passed. “I think it is time for a statutory definition of insider trading, ” More...