Blog Posts in Securities Fraud

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  • Insider Tip on Cocktail Napkin Nets Securities Fraud Charge
    Insider Tip on Cocktail Napkin Nets Securities Fraud Charge

    A Watertown, Massachusetts, man has been convicted of securities fraud after a federal jury in Boston found him guilty of profiting from an insider trading tip he received on a cocktail napkin at a ...

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  • FDA Says Parmesan Cheese Fraud a Growing Concern
    FDA Says Parmesan Cheese Fraud a Growing Concern

    The U.S. Food and Drug Administration has launched a criminal investigation into a Pennsylvania cheese factory it says has put fillers such as wood pulp and cellulose into its grated parmesan cheese ...

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  • DOJ to Require Cooperation Certificate Prior to Approving Settlement Agreements
    DOJ to Require Cooperation Certificate Prior to Approving Settlement Agreements

    The U.S. Department of Justice’s Fraud Section will now require certificates of cooperation from companies negotiating a settlement agreement to acknowledge that the company has cooperated fully and ...

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  • U.S. Supreme Court Agrees to Hear Insider Trading Case
    U.S. Supreme Court Agrees to Hear Insider Trading Case

    The U.S. Supreme Court has agreed to hear a significant insider trading case where its decision will clarify an issue upon which two circuits have split: the definition of “personal benefit” in regard ...

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  • SEC to Proceed with Case Against SAC Capital Advisors Founder
    SEC to Proceed with Case Against SAC Capital Advisors Founder

    In 2014, SAC Capital Advisors portfolio manager Mathew Martoma was convicted of insider trading and sentenced to nine years in prison. Martoma was found guilty of seeking out confidential information ...

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  • First Circuit Vacates SEC Sanctions Against Two Bank Execs
    First Circuit Vacates SEC Sanctions Against Two Bank Execs

    The U.S. Court of Appeals for the First Circuit has vacated a Securities and Exchange Commission (SEC) order that imposed sanctions against two State Street Bank and Trust Co. executives, saying that ...

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