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Tag Archives: insider trading

FDA chemist pleads guilty to insider trading

WASHINGTON — A chemist with the Food and Drug Administration pleaded guilty Tuesday to using a confidential drug database to earn nearly $3.8 million by trading the stock of companies with new drug applications. Cheng Yi Liang, a chemist who ...

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Wiretaps key in convicting ex-hedge fund giant Raj Rajaratnam

NEW YORK — Former hedge fund titan Raj Rajaratnam was convicted in an insider-trading case Wednesday thanks largely to weapons prosecutors have using against mobsters and drug lords for years: wiretaps. What that means for his former peers depends on ...

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Former D.C. lawyer charged in $32M insider-trading scheme

NEWARK, N.J. — A former Washington, D.C., lawyer and a stock trader were arrested Wednesday and charged with running an insider trading scheme straight out of the movie “Wall Street” that brought in so much money the suspects spoke at ...

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Ex-Goldman director charged with insider trading

WASHINGTON — Federal regulators have charged a former Goldman Sachs board member with insider trading, saying he provided confidential information to the central figure in a major hedge fund probe. The Securities and Exchange Commission announced the civil charges against ...

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Feds raid 3 hedge funds linked to trading probe

WASHINGTON — The Federal Bureau of Investigation has raided three hedge funds linked to a broader insider-trading probe, law enforcement officials said Monday. Bureau employees searched the New York offices of Level Global Investors LP, and the Stamford, Conn. headquarters ...

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