Category: Insider Trading
SEC investigating SolarWinds over sale of $315 million shares days before Cyberattack was revealed to public
IT Management Software company SolarWinds, whose software was breached in a Russian cyberattack, said in an SEC filing that...
Nasdaqs temporary operations move to Chicago may stymie high speed traders’ front-running gambit or will they evade it?

Insider Trading and the SEC Whistleblower Program

U.S. Officials Uncover Three-Continent Insider-Trading Ring
Former Petmed exec and Director of Marketing James Alex Irvin charged with insider trading by SEC
The Securities and Exchange Commission yesterday filed insider trading charges against a former executive of a Florida corporation who repeatedly traded on and tipped confidential information that he obtained through his employer.
The SEC's complaint, Petmed complaint filed in the U.S. District Court for the Southern District of...
Former distinguisehed Harvard Business School Alum billionaire Raj Rajaratnam released from insider trading prison sentence two years early
Former distinguished Harvard Business School billionaire alum Sri Lankan American Raj Rajaratnam, whose Galleon Group managed more than $7 billion, and who was central to the largest hedge fund insider-trading rings in the history of the U.S., was released from prison two years early. He has been living with his family on...
SEC wins jury trial against Raymonth Pirello securities broker charged with insider trading
Jurors in Atlanta federal court returned a verdict finding a securities broker Raymond J. Pirrello, Jr. liable for insider trading in advance of three merger and acquisition transactions.
The SEC’s evidence at trial revealed that Pirrello received highly confidential nonpublic information about the impending acquisitions of Radiant Systems Inc.,...
Securities & Exchange Commission charges investment banking analyst at Siris Capital Group with insider trading
The Securities and Exchange Commission today charged an analyst at a large international investment bank with insider trading based on confidential information that he learned about Siris Capital Group’s plans to acquire Electronics for Imaging, Inc. (EFII).
According to the SEC’s complaint filed in federal court in Manhattan, Bill...

Boston Restaurant Owner Accused of Insider Trading of Vistaprint Stock Resulting in Profits of Over $850,000
Charlie Jinan Chen, a Boston restaurant owner, is accused of insider trading of Vistaprint stock after illegally receiving confidential information from a former Vistaprint employee. His wife, Shui Foon Mak, is also being charged for her part in reaping the illegal profits, which are believed to be in excess of $850,000. But,...