There Might Be a Lot of Insider Trading
In research reported by Andrew Ross Sorkin on options trading before merger announcements, everything you'd predict, if you were maximally cynical, the researchers found.
Judge Rakoff Says Goldman's Blankfein Can Testify in Insider Trading Case
Controversial Federal judge orders that deposition can be taken before Rajat Gupta insider trading trial.
Former FrontPoint Hedge Fund Manager Gets 5 Years for Insider Trading
On Friday, Dr. Joseph 'Chip' Skowron, former FrontPoint Partners hedge fund manager, got the bad news: he was sentenced to five years in prison for his part in an insider trading scheme. He also was fined and ordered to pay restitution.
Judge Imposes Record Fine on Galleon's Rajaratnam
Judge Jed S. Rakoff assessed a $98.2 million fine against hedge fund billionaire Raj Rajaratnam of Galleon Group while criticizing the SEC's settlements in insider trading cases
Galleon’s Rajaratnam Sentenced to 11 Years for Insider Trading
Raj Rajaratnam, the 54-year-old co-founder of hedge fund Galleon Group, was sentenced to 11 years in prison on Thursday, one of the longest punishments ever handed down for insider trading.
Galleon’s Rajaratnam Guilty on All Counts
Raj Rajaratnam, the billionaire founder of the hedge fund Galleon Group, was convicted Wednesday on all 14 counts of insider trading.
Taxes and Fed Nominees; Galleon, SEC Budget and Oil: Advisor Briefing for the Week of March 7, 2011
Congress holds hearings on everything from reforming the tax code and the SEC’s 2012 budget to grilling nominees for a Fed governorship and White House economic posts, while the markets will continue to watch the situation in Libya and the Mideast.
Goldman Sachs’ Blankfein May Testify in Galleon Case
Goldman Sachs CEO Lloyd Blankfein has reportedly been called to testify in the trial against Raj Rajaratnam, billionaire founder of the Galleon Group hedge fund.
New Castle Hedge Fund's Kurland Sentenced in Galleon Group Case
Mark Kurland, a co-founder of the $1 billion New Castle hedge fund, was sentenced Friday, May 21, to two years and three months in jail and ordered to forfeit the $900,000 he earned in illegal insider trades.