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The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of the COVID-19 pandemic in the United States and just before a stock market crash on February 20, 2020, using knowledge given to them at a closed Senate meeting.
The Raj Rajaratnam/Galleon Group, Anil Kumar, and Rajat Gupta insider trading cases are parallel and related civil and criminal actions by the U.S. Securities and Exchange Commission and the United States Department of Justice against three friends and business partners: Galleon Group hedge fund founder-owner Raj Rajaratnam and former McKinsey & Company senior executives Anil Kumar and Rajat ...
An insider trading trial began Tuesday for a financial executive charged with enabling his boss and others to make millions of dollars illegally on news that an acquisition firm would be taking ...
United States v. O'Hagan, 521 U.S. 642 (1997), was a United States Supreme Court case concerning insider trading and breach of U.S. Securities and Exchange Commission Rule 10 (b) and 10 (b)-5. In an opinion written by Justice Ruth Bader Ginsburg, the Court held that an individual may be found liable for violating Rule 10 (b)-5 by ...
April 3, 2024 at 1:52 PM. Truth Social app, Donald Trump and Gerald Shvartsman. Two men pleaded guilty on Wednesday to insider trading in securities in the company that ultimately took former ...
Former Rep. Stephen Buyer (R-Ind.) was convicted of insider trading in New York on Friday after the Securities and Exchange Commission (SEC) alleged he used nonpublic information to buy stocks ...
Insider trading in India is an offense according to Sections 12A, 15G of the Securities and Exchange Board of India Act, 1992. Insider trading is when one with access to non-public, price-sensitive information about the securities of the company subscribes, buys, sells, or deals, or agrees to do so or counsels another to do so as principal or ...
May 9, 2024 at 2:12 PM. NEW YORK (AP) — A financial executive was convicted Thursday of enabling his boss and others to make over $22 million illegally by trading off his tips ahead of the ...