Mathew Martoma, the former SAC Capital Advisors trader convicted of insider trading in February, can no longer say he has a degree from Stanford Graduate School of Business.
The Securities and Exchange Commission has announced an emergency action against a New York City-based investment banker charged with insider trading for nearly $1m in illicit profits.
That's a long time to think about what you have done.
Former SAC Capital Advisors fund manager Mathew Martoma was portrayed by his lawyer as the victim of a 'rush to judgement' by prosecutors looking to use him to bring insider-trading charges against his former boss, Steven A. Cohen.
The judge in Mathew Martoma’s insider-trading trial warned his lawyers against questions tied to Steven Cohen’s trading strategies, saying it could open the case to a wider probe of the SAC Capital Advisors founder.
Julian Rifat, a former trader at Moore Capital Management, was charged with eight counts of insider trading at a London court Wednesday after a four-year investigation.
Sidney Gilman, the 81-year-old former University of Michigan neurologist who claims he passed tips about clinical tests of an Alzheimer’s drug to SAC Capital Advisors fund manager Mathew Martoma, said he has 'holes' in his memory of a key meeting.
A doctor who supervised testing of an Alzheimer’s disease drug said he was 'flabbergasted' and 'shocked' at the precise information that former SAC Capital Advisors fund manager Mathew Martoma had about the drug trial results.
Mathew Martoma, a former SAC Capital Advisors hedge fund manager, 'corrupted' doctors to get an 'illegal edge' that helped him perpetrate the most lucrative insider trading scheme in history, a federal prosecutor said on Friday.
Nomura has said two employees who leaked client information used for insider trading three years ago will leave the firm.