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Category Archives: Insider Trading

Fraud Charges Filed Against Former Brokers Targeting Federal Retirees

(HedgeCo.Net) The Securities and Exchange Commission has charged four former Atlanta-area brokers with fraudulently inducing federal employees to roll over holdings from their federal Thrift Savings Plan (TSP) retirement accounts into higher-fee, variable annuity products. The SEC’s enforcement action comes […]

Insider Trading Charges Filed Against Research Scientist Aiming to Avoid SEC Detection

(HedgeCo.Net) Insider trading charges have been filed against a research scientist who allegedly searched the internet for “how sec detect unusual trade” before making a trade that the agency flagged as suspicious through data analysis. The SEC’s complaint alleges that […]

Former UBS Employee Charged With Insider Trading by FCA

(HedgeCo.Net) The Financial Conduct Authority (FCA) has instituted criminal proceedings against Fabiana Abdel-Malek a former compliance officer employed by UBS AG’s London Branch and Walid Anis Choucair following a joint investigation with the National Crime Agency. Malek and Choucair have […]

Virginia-based mechanical engineer accused of scheming to manipulate the price of Fitbit stock

(HedgeCo.Net) Robert W. Murray allegedly purchased Fitbit call options just minutes before a fake tender offer that he orchestrated was filed on the SEC’s EDGAR system purporting that a company named ABM Capital LTD sought to acquire Fitbit’s outstanding shares […]

Charges Filed in Trading Scheme Involving Confidential Government Information

(HedgeCo.Net) The Securities and Exchange Commission has announced charges in an alleged insider trading scheme involving tips of nonpublic information about government plans to cut Medicare reimbursement rates, which affected the stock prices of certain publicly traded medical providers or […]

Law Firm Partner and Neighbor Charged in $1 Million Insider Trading Scheme

(HedgeCO.Net) A former partner at an international law firm and his neighbor have been charged by the SEC with making more than $1 million in illicit profits by insider trading around corporate announcements. The SEC alleges that Walter C. Little […]

Law Firm Partner and Neighbor Charged in $1 Million Insider Trading Scheme

(HedgeCo.Net) The Securities and Exchange Commission has charged a former partner at an international law firm and his neighbor with making more than $1 million in illicit profits by insider trading around corporate announcements. The SEC alleges that Walter C. […]

SEC Charges Former Head Traders at Nomura With Fraud

(HedgeCo.Net) The Securities and Exchange Commission today charged a pair of former head traders who ran the commercial mortgage-backed securities (CMBS) desk at Nomura Securities International Inc. with deliberately lying to customers in order to inflate the profits of the […]

Whistleblower Award of More Than Half-Million Dollars for Company Insider

(HedgeCo.Net) The Securities and Exchange Commission today announced that a company insider has earned a whistleblower award of more than $500,000 for reporting information that prompted an SEC investigation into well-hidden misconduct that resulted in an SEC enforcement action. “This […]

Executives Charged in Connection With Accounting Failures at Government Contractor

(HedgeCo.Net) The Securities and Exchange Commission today announced charges against two former executives at a government contractor that was the subject of an SEC enforcement action earlier this year and paid a $1.6 million penalty for accounting failures. The SEC […]

Investment Bank VP Charged With Insider Trading

(HedgeCo.Net) The Securities and Exchange Commission today charged a vice president in the risk management department of a New York-based investment bank with insider trading on confidential information he learned in advance of a private equity firm’s acquisition of a […]

SEC Charges Firms Involved in Layering, Manipulation Schemes

(HedgeCo.Net) The Securities and Exchange Commission has announced fraud charges against a Ukraine-based trading firm accused of manipulating the U.S. markets hundreds of thousands of times and the New York-based brokerage firm and CEO who allegedly helped make it possible. […]

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