U.S. Securities and Exchange Commission lawyers may be exempt from a demand by the Trump administration asking for a list of staff who are still on probation, according to a memo seen by Reuters, in a sign that they may get a reprieve from any mass firings. Republican President Donald Trump has used his early days in office to shrink,…
Damian Williams, the United States Attorney for the Southern District of New York, announced today that JOSEPH DUPONT and SLAVA KAPLAN, a/k/a “Stanley Kaplan,” were sentenced to three years’ probation and five months in prison, respectively, for securities fraud in connection with their participation in an insider trading scheme surrounding the announcement of Alexion Pharmaceutical, Inc.’s acquisition of Portola Pharmaceuticals,…
A former technology analyst at expert networking firm Primary Global Research LLC avoided jail time on Thursday after a judge praised his “very substantial assistance” in cooperating with a government insider-trading investigation. Bob Nguyen, 34, who pleaded guilty in January 2011 to leaking confidential corporate information to hedge funds, received two years of probation from U.S. District Judge Jed Rakoff…
Anil Kumar became one of the U.S. government’s most valuable assets in the Galleon investigation.
Informant met with FBI agents and federal prosecutors for over 150 hours in Rajaratnam case.
Former Tyco CEO begs parole board for mercy.
David Slaine spared prison time after prosecutors credit him with helping secure other white collar convictions.
The last we heard about Mount Rushmore of Securities Fraud member David Pajcin was back in November 2008, when it was reported that, after being released from prison, he had violated the terms of his supervised release and failed to report to his probation officer. Prosecutors and Pajcin’s criminal lawyer, Jesse Siegel, told the court they believed he was no…