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SAC Capital Advisors Trader Michael Steinberg Is Arrested in Federal Insider Trading Probe
SAC Capital portfolio manager is most senior SAC employee to be arrested in government probe.
Securities Docket News Wire for March 28, 2013
Get caught up with the Securities Docket News Wire for March 28, 2013.
DOJ’s Breuer Joins Covington & Burling as Vice Chair
Former Assistant AG Breuer rejoining Covington & Burling in Washington, D.C.
Securities Docket News Wire for March 27, 2013
Get caught up with the Securities Docket News Wire for March 27, 2013.
DOJ and SEC Allege $27 Million Insider Trading Scheme
The DOJ and SEC alleged yesterday that inside information shared with a hedge fund analyst led to an over $27 million insider trading scheme.
Lawyers battle over Madoff-related settlement
Lawyers for NY AG and Madoff trustee square off over $410 million Madoff-related settlement.
Securities Docket News Wire for March 26, 2013
Get caught up with the Securities Docket News Wire for March 26, 2013.
SEC Stepping Up Enforcement Against States, Cities
SEC case against state of Illinois marks just second time the agency has taken action against a state for securities fraud.
Raj Rajaratnam’s Brother Rengan Charged With Insider Trading
Rengan Rajaratnam accused of conspiring with brother to trade on material nonpublic information about Clearwire Corp. and Advanced Micro Devices.
Despite Record Low Number of Settlements in 2012, Securities Class Action Settlement Amounts Increase from 2011
The 53 court-approved securities class action settlements reported in 2012 represent a 14-year low.