A sad tale.
Preet Bharara , the U.S. Attorney in Manhattan, may have just lost his first insider trading case, but he said he is keeping the defeat in perspective.
Former Goldman Sachs director Rajat Gupta, serving a two-year prison term, has failed to persuade a federal appeals court to overturn his insider trading conviction.
Rengan Rajaratnam, the brother of Galleon Group co-founder Raj Rajaratnam, became the first of at least 88 people charged in a federal crackdown on insider trading to escape conviction.
Former SAC Capital Advisors portfolio manager Mathew Martoma, convicted of orchestrating the most lucrative insider trading scheme in U.S. history, should spend more than eight years in prison, prosecutors told the judge who will sentence him next month.
Damian Clarke, a former equities trader at Schroders in London, was charged with insider trading in shares and spread bets over a nine-year period.
One of the most breathtakingly incompetent ideas I've ever heard is the idea of legalizing all insider trading, says attorney Andrew Stoltmann.
A new study says insider trading may be involved in 25 percent of public company deals and that has some arguing that it should be legalized.
Call them jailbirds of a feather.
A day before he is scheduled to begin serving a two-year prison sentence for insider trading, former Goldman Sachs director Rajat Gupta asked a federal appeals court to reduce a $13.9m civil penalty and shorten his lifetime ban from serving as an officer of a public company.