Insider Trading

Newsday's coverage

• Gupta's lawyer seeks new insider trial

  to give his client a new trial, saying a judge had excluded evidence that might have led a jury to acquit him on insider trading charges.Attorney Seth Waxman told the 2nd U.S. Circuit Court of Appeals in Manhattan that Rajat Gupta never got a fair chance to   Read more »

• Taiwan probes insider trading in chip takeover

  -- Prosecutors are probing alleged insider trading connected to a $3.8 billion takeover of a Taiwan chip design company.Prosecutor Huang Mou-hsin said late Thursday that just before MediaTek's board approved a deal to buy its main rival MStar Semiconductor   Read more »

• Ex-KPMG partner to plead guilty, lawyer says

  all."London, 50, of Agoura Hills, Calif., is charged with one count of conspiracy to commit securities fraud through insider trading , federal prosecutors said yesterday in a statement. From late 2010 to March 2013 he provided confidential information about   Read more »

• KPMG fires partner linked to insider trading

  Accounting firm KPMG has fired a partner at its Los Angeles unit for allegedly giving private client information to a third party, who then used it for stock trades involving several West Coast companies.KPMG said in a statement that it was informed of the   Read more »

• Rengan Rajaratnam pleads not guilty to insider trading

  . The one-time billionaire founder of the Galleon Group of hedge funds is serving an 11-year prison sentence for his 2011 insider trading conviction. Prosecutors say he made as much as $75 million.Federal authorities say 42-year-old Rengan Rajaratnam conspired   Read more »

Around the web

• Ex-fund managers can remain free during U.S. insider trading appeal

  fund managers persuaded a U.S. appeals court on Tuesday to allow them to remain free on bail as they seek to have their insider-trading convictions thrown out. Todd Newman, a former portfolio manager at hedge fund Diamondback Capital Management, and Anthony 4:41 PM from Hartford Courant Read more »

• Chiasson and Newman to Remain Free During Appeal, Court Rules

  to make several arguments on appeal. Their primary argument relates to the proof required to convict a “tippee” of insider trading. Both Mr. Chiasson and Mr. Newman received confidential information about Dell and Nvidia third- or fourth-hand through several 4:04 PM from The New York Times Read more »

• Thom Hartmann Hates Insider Trading by Politicians, Except Pelosi

  serve as her dutiful Squealer. Here's what Hartmann said on his radio show June 13 about members of Congress engaging in insider trading or pushing legislation that would fatten their bank accounts (audio) -- Congressmen, senators and their staffs can legally 3:25 PM from Newsbusters Read more »

• Video Exclusive: CNBC's Jane Wells Speaks with Former KPMG Senior Partner Scott London in His First Television Interview

  on CNBC.com: http://video.cnbc.com/gallery/?video=3000176458&play=1.Scott London spoke to CNBC's Jane Wells about the KPMG insider trading scheme and how much he made in kickbacks. London says "nothing like this has ever happened before." All references must 12:44 PM from CNBC Read more »

• Scott London Discusses Herbalife, Skechers Insider Trading in Interview

  he was inside presenting a plea agreement to the judge that he will plead guilty at a future date in the next few weeks in insider trading after giving secrets and insider information to his friend brian shaw who has pled guilty saying he made a million dollars 11:53 AM from Value Walk Read more »