The Securities and Exchange Commission’s insider-trading charges against Rajat Gupta, former head of consulting firm McKinsey & Co., comes as a shock to many. The news comes after another McKinsey director pleaded guilty to ins…
U.S. District Court Judge Jed Rakoff is famous — or infamous — for his zeal in righting Wall Street’s wrongs. But the Galleon insider trading civil suit he’s presiding over has just earned him a wrist-slap from the Second Cir…
Robert Moffat, a former executive at International Business Machines, was sentenced to a six-month prison term and a $50,000 fine after pleading guilty in the Galleon hedge fund insider-trading case.
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