On Wednesday, the FBI arrested Don Chu, an expert on Asian markets for Primary Global Research, setting the tone for the SEC’s crackdown on insider trading. Chu was charged with conspiracy to commit securities fraud and conspir…
Jacob Alexander, co-founder of Comverse Technology Inc., (CMVT) agreed to pay $53.6 million to settle charges of backdating stock options and misleading investors.
The settlement consists of a $6 million penalty and the paying of $47.6 million that t…
The Securities and Exchange Commission charged former Quadrangle Group principal Steven Rattner with participating in a “pay-to-play” kickback scheme with New York’s largest pension fund. Rattner has agreed to pay $6.2 million …
This week, the Congressional Oversight Panel recommended that the nation’s big banks be stress tested again, because if problems with mortgage-backed securities are widespread, the consequences could be dire. Now, the Fed has a…
By the time the world’s smartest investors tell the SEC what stocks they hold, most of the gains they were after are already priced in. But a few of the companies Warren Buffett, George Soros, and their billionaire buddies have…