insider trading

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Galleon Founder Convicted on All Counts in Insider-Trading Trial

Michael Rothfeld and Chad Bray, Reporters, The Wall Street Journal in News on May 11, 2011 at 8:32 am PT

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.

Guilty Plea Pending From Former AMD Manager Charged in Insider Trading Case

Arik Hesseldahl in Enterprise on March 1, 2011 at 9:03 am PT

A former AMD employee who also worked as a consultant for Primary Global Research is said to be negotiating a guilty plea in a federal insider trading case.

Déjà Vu: Facebook's Questionable Stock Hijinks Feels Like Winklevii 2.0

Kara Swisher in News on January 4, 2011 at 11:00 am PT

CEO and co-founder Mark Zuckerberg’s clear intent to keep the lid on Facebook tight–with no disclosure about the details of the financial performance and other pertinent information a public offering would require be disclosed–is clearly becoming a nettlesome issue for the company. But while that effort at preserving secrecy by staying private has resulted in little more than cute media guessing games about a possible IPO until now, the social networking giant’s most recent machinations are too clever by a half.

Seventh Person Arrested in Insider Trading Probe

Arik Hesseldahl in Enterprise on December 29, 2010 at 12:17 pm PT

Another arrest of an expert consultant in the ever-widening FBI investigation into insider trading of tech companies.

Voices

Apple iPad: Secrets from the Insider Trading Case

Shira Ovide, Reporter, The Wall Street Journal in News on December 16, 2010 at 12:55 pm PT

Apple Inc. is a major actor in one of the most intriguing sections of the government’s 39-page complaint against four men arrested and charged in a massive sting of insider trading. Secrets about tech companies are a major feature of the insider trading charges unveiled so far.

Four Arrested in Tech-Heavy Insider Trading Case

Arik Hesseldahl in Enterprise on December 16, 2010 at 10:29 am PT

The defendants include employees at several tech firms, including Dell, Advanced Micro Devices, Taiwan Semiconductor, and Flextronics. All worked as consultants for a research firm.

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Supply Data Now a Focus of Probe

Susan Pulliam, Reporter, The Wall Street Journal in News on November 24, 2010 at 8:30 am PT

Has the “channel check” become a criminal act? Wall Street analysts have been left bewildered in recent days, as federal prosecutors begin to home in on insider-trading cases that appear to involve routinely published information about public-company supply chains. Case in point: Apple.

CEO: SecondMarket Is a Return to Old-Fashioned Investing

Liz Gannes in Social on November 9, 2010 at 5:01 am PT

Today’s stock markets have “a casino-type mentality” driven by factors like the rise of automated trading and shorter-term average holding periods. People don’t take the time to do research and really get to know a company before they invest in it, in the opinion of SecondMarket founder and CEO Barry Silbert. He thinks SecondMarket–best known for its facilitation of trading of private tech company stock–is a way to bring back a human touch. SecondMarket doesn’t necessarily replace an IPO. But for companies like Facebook, LinkedIn and eSolar, SecondMarket trading slots into a pre-IPO dead zone driven by the longer average time to a public offering–now something like 8.8 years.