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 Florida, alleges that James Alex Irvin, of […]

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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 a quiet block […]

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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., Midas Incorporated Inc., and BrightPoint Inc. […]

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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 Tsai, a junior investment banker in […]

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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, how did this […]

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Enforcement Chief says Massive fraud in $50 trillion futures markets including front running unchecked as Congress starves agency of funds

The enforcement Chief of the Commodities Futures Trading Commission which oversees the $50 trillion futures market, Aitan Gielman, says flatly that there is a massive amount of fraud in the marketplace including front-running, insider trading and Ponzi schemes that the oversight agency is not pursuing because Congress has starved the agency of resources. As a […]

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U.S. House Rep. Chris Collins R-N.Y. arrested for sharing insider tips on biotech company

United States House of Representatives member Christopher Collins, a Republican from New York, was arrested and charged with illegally sharing inside tips with his son about an Australian biotechnology company Innate Immunotherapeutics, Ltd . Rep. Collins was a member of Innate’s board of directors and one of the company’s largest shareholders, holding approximately 16.8% of […]

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