insider trading News

U.S. Corporate Crisis Bailouts May Prove Bonanza For Insider Trading, New Study Warns

WASHINGTON/BOSTON — White-collar crime prosecutors and defense attorneys are likely to be busy following a massive economic stimulus package from the U.S. Congress aimed at mitigating the fallout from the coronavirus, according to a new academic study of insider trading. …

Loose Lips and FX Tips: How Chats Cost Banks $1.2 Billion

Talk may be cheap, but in currency traders’ chatrooms, at least, improper messages can be very expensive for their companies. In instant message groups with names such as “Semi Grumpy Old Men” and “Three Way Banana Split” up to nine …

Pennsylvania Lawyer Charged With Insider Trading Linked to Nationwide Merger

A former partner at a Philadelphia law firm has been charged with insider trading linked to a client’s merger with another insurance firm. Federal prosecutors have charged Herbert Sudfeld with making $75,000 by purchasing stock in Harleysville Insurance the day …