Ex-broker pleads guilty to insider trading over 2009 IBM deal
NEW YORK (Reuters) - A former stock broker pleaded guilty on Thursday to charges stemming from a conspiracy to engage in insider trading ahead of a 2009 acquisition by IBM...
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Jury hears final arguments in insider trading trial of SAC’s Steinberg
NEW YORK (Reuters) - A lawyer for Michael Steinberg, an SAC Capital Advisors portfolio manager on trial for insider trading, urged jurors on Monday to find his client not guilty,...
Financial adviser convicted of obstructing NBA union contract probe
NEW YORK (Reuters) - A principal at an investment advisory firm that did business with the National Basketball Association's players union was found guilty on Wednesday of obstructing a grand...
Ex-BP supervisors win dismissal of some manslaughter charges
(Reuters) - Two former BP Plc supervisors won the dismissal on Tuesday of some of the manslaughter charges facing them over the Gulf of Mexico drilling rig explosion that killed...
Ex-SAC trader points to Cohen testimony in insider trading case
(Reuters) - A former SAC Capital Advisors trader, set to go on trial next month on insider trading charges, wants to cite in court some 2012 testimony given by the...
GE to settle municipal bond rigging lawsuit for $18 million
NEW YORK (Reuters) - General Electric Co has agreed to pay as much as $18.25 million to settle a class action lawsuit accusing it of rigging bids for municipal securities,...
Ex-Dell employee avoids prison for help in insider trading probe
NEW YORK (Reuters) - A former Dell Inc supply manager who cooperated with government insider trading investigations, including a probe of a portfolio manager at SAC Capital Advisors, avoided prison...
U.S. judge weighs penalties after Bank of America fraud verdict
NEW YORK (Reuters) - A U.S. judge is considering an alternative that could result in Bank of America Corp paying much less than the $863.6 million the government is seeking...
Key witness faces heat in Steinberg insider trading case
NEW YORK (Reuters) - The star witness in the government's case against SAC Capital Advisors portfolio manager Michael Steinberg faced aggressive questioning on Tuesday from Steinberg's lawyer, who sought to...
Chicago hacker tied to Anonymous given 10 years in prison
NEW YORK (Reuters) - A Chicago computer hacker tied to the group known as Anonymous was sentenced on Friday to 10 years in prison for cyber attacks on various government...