Daily Archives: September 18, 2017, 11:05 am

Equifax Stock Sales Are the Focus of U.S. Criminal Probe – Bloomberg

The U.S. Justice Department has opened a criminal investigation into whether top officials at Equifax Inc. violated insider trading laws when they sold stock before the company disclosed that it had been hacked, according to people familiar with the investigation. Prosecutors are looking at the stock sales by Equifax Chief Financial Officer John Gamble; President of U.S. Information Solutions Joseph…

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SAC trader accused of insider trading claims Bharara got it wrong | New York Post

An ex-trader for billionaire Steve Cohen’s now-defunct hedge fund, who had flipped to cooperate with the feds in an insider-trading case, is now seeking to withdraw his 2013 guilty plea, claiming that former Manhattan US Attorney Bharara didn’t have the smoking-gun evidence against him that he claimed, court papers show. via SAC trader accused of insider trading claims Bharara got…

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Thinking About the Growth of Third-Party Litigation Financing | The D&O Diary

Third-party litigation funding has its critics and detractors (refer, for example, here and here). The fact is that third-party litigation funding is now well-established and is here to stay. A recent survey by one of the leading funding firms, discussed below, confirms that the acceptance and use of litigation funding is growing rapidly. The more interesting question at this point…

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