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SEC Charges Former Microsoft Manager, Friend With Insider Trading

The Securities and Exchange Commission on Thursday charged a former senior portfolio manager at Microsoft Corp., along with his friend and business partner, with insider trading.

Mark Cuban Unplugged (As Usual) About Victory in SEC Insider Trading Case

The billionaire entrepreneur takes a victory lap (or two).
Mark_Cuban_hands

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Mark Cuban Cleared in Insider-Trading Case

Deliberations took three and a half hours.

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Cuban Insider-Trading Trial Gets Under Way

Opening arguments in the insider trading trial of billionaire investor Mark Cuban began here Tuesday with government lawyers portraying the defendant as a ferocious competitor who, with an unfair advantage over the investing public, sold shares illegally.

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U.S. Charges Analyst in SAC Case

An indictment last week accused the firm of fostering a culture that led to rampant insider-trading.

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SEC Case Against Mark Cuban to Proceed

A federal judge in Dallas has denied a request by Dallas Mavericks owner and billionaire entrepreneur Mark Cuban to dismiss an insider-trading lawsuit.

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Hedge-Fund Manager Found Guilty in Insider Case

A Northern California hedge-fund manager who testified in his own defense became the latest person convicted of criminal charges in a broad crackdown on insider trading in corporate America.

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Rajaratnam Gets 11 Years in Insider-Trading Case

Raj Rajaratnam, the face of the biggest trading scandal in a generation, was sentenced to 11 years in prison, one of the longest-ever terms handed down for an insider case.

News Byte

SEC Files Insider Trading Charges in Disney-Marvel Deal

The Securities and Exchange Commission has charged a California man with insider trading in the run-up to the 2009 Disney-Marvel deal. The SEC says Toby G. Scammell took advantage of his girlfriend, an “extern” working at Disney’s corporate strategy department, to learn about the company’s $4 billion acquisition of the comic book company, and used the information to make a $192,000 profit trading call options. The SEC hasn’t charged Scammell’s girlfriend, who it describes as “exploited.” Press release; complaint (PDF)

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Galleon Founder Convicted on All Counts in Insider-Trading Trial

A federal jury convicted Galleon Group founder Raj Rajaratnam on all 14 counts of securities fraud and conspiracy, providing the U.S. with a significant win in a push to prosecute insider trading on Wall Street and in corporate America.