Thursday, October 28, 2021

insider trading

Australia’s securities regulator probes Westpac on allegations of insider trading

Australia’s securities regulator is probing Westpac Banking Corp. on allegations of insider trading, just months after the country’s second-biggest lender paid a record fine to settle breaches of anti-money laundering laws. The allegations relate to Westpac’s role in executing a A$12 billion...

Former Goldman Sachs analyst and Clifford Chance solicitor charged with insider trading

Two brothers who worked at Goldman Sachs and leading City law firm Clifford Chance have appeared in court charged with insider dealing and fraud. Mohammed Zina, 32, who worked as an analyst at Goldman Sachs, and his brother Suhail Zina,...

UK court upholds insider trading conviction against ex UBS compliance officer

Britain’s Appeal Court has upheld the convictions of ex UBS executive Fabiana Abdel-Malek and day trader Walid Choucair for insider dealing and ordered them to return to prison to complete their sentences, the Financial Conduct Authority said on Wednesday. After...

Swiss prosecutor charges renovator Hans Ziegler with insider trading, bribery

The Swiss prosecutor is pursuing charges of insider trading, collusion, and bribery against a high-profile Swiss turnaround expert. The case represents a far tougher tone from Swiss enforcers on white-collar crime. Switzerland's attorney general on Thursday filed an indictment against Hans Ziegler over...

U.S. DoJ drops COVID-19 insider trading probe into 3 senators, Richard Burr awaits decision

The Justice Department has notified lawyers for Senators Kelly Loeffler of Georgia, Dianne Feinstein of California and Jim Inhofe of Oklahoma that it will not charge the lawmakers with insider trading for stock sales they or their family members made shortly after some had attended...

FBI seizes Senator Richard Burr’s phone in insider trading probe

FBI agents have seized the cell phone of Senate Intelligence Committee Chairman Richard Burr, a ranking Republican from North Carolina, as part of an investigation into his stock sales, a U.S. official tells CBS News. Burr and his wife sold between...

U.S. launches insider trading probe in OPEC oil negotiation

The U.S. is investigating whether traders with inside information on Russia’s negotiations with other oil producing nations made hundreds of millions of dollars from illegal wagers on crude price swings, according to two people with direct knowledge of the...

U.S. senators accused of insider trading amid coronavirus crisis

Republican senator Richard Burr faced demands to resign on Friday after it was reported that he sold off millions of dollars’ worth of stocks just before the market dropped amid fears of the coronavirus pandemic. Burr, of North Carolina, the...

Former congressman Chris Collins sentenced to 2 years prison in insider trading case

Representative Chris Collins had told so many people, from fellow House members to friends and relatives, about a surefire investment: a little-known Australian drug company that was developing a treatment for multiple sclerosis. But when Mr. Collins learned about a...

Son of Ariad Pharmaceutical Director Convicted in Insider-Trading Case

The son of a pharmaceutical-company director was convicted of leaking company secrets to a close friend who prosecutors say was part of a global insider-trading network. Telemaque Lavidas, 39, was the first U.S. defendant tried in connection with an insider...

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Baltimore County Police officer accused of accepting bribes in exchange for handgun licenses

Indicted Tuesday by a federal grand jury, a Baltimore County Police officer faces six counts of honest services wire...