Pensions
Former TIAA Trader Sentenced to Nearly 6 Years for $47 Million Insider Trading Scheme
Lawrence Billimek allegedly profited from information regarding behemoth’s impending stock purchases and sales.
Tag: Insider Trading
Regulation
SEC Stock Buyback Disclosure Rule Vacated by Appeals Court
The rule would have required much more information on buybacks to be disclosed to investors.
Regulation
Chamber of Commerce Sues SEC to Stop Stock Buyback Disclosure Rule
The business advocacy group says the SEC is trying to deter stock buybacks by making them more time-consuming, not trying to protect investors.
Regulation
SEC Proposes Four New Rules, Adopts One
The new rules would change the way securities are traded and the enforcement of insider trading.
Newsmakers
Detroit Pension No Longer Suing Dan Gilbert
The fund had accused the businessman of insider trading.
Former Goldman Compliance Analyst Charged With Insider Trading
The SEC alleges Jose Luis Casero Sanchez ‘abused his position of trust’ by using confidential information to make trades.
CEO Charged in Multimillion Dollar Fraud Involving Two Firms
Aron Govil allegedly siphoned $7 million from Cemtrex and Telidyne investors for personal use.
Investment Firm Owner Guilty of Insider Trading, Fraud Scheme
Donald Blakstad allegedly used material nonpublic information to rake in over $7 million
Risk
SEC Busts Alleged Silicon Valley Insider Trading Ring
Six are charged with trading on material, nonpublic information involving Infinera and Fortinet.
Risk
Financial Firm Head Indicted in Alleged Insider Trading Scheme
Jason Peltz is accused of using insider information and a relationship with a business reporter to reap a profit.
Risk
Michigan Pension Fund Sues World Wrestling Entertainment
WWE lawyer calls accusations of insider trading by CEO Vince McMahon ‘entirely fictional.’
Research
Miami Pension Files Lawsuit Against Carl Icahn over Insider Trading Allegations
The Miami Firefighter Relief and Pension Fund alleges Icahn purchased shares of HP, knowing that Xerox would offer to purchase them later at a premium.