Two of the most prestigious law firms in the US who are best known for their financial services and corporate practices have had their computer networks compromised by hackers. According to the WSJ, the FBI is investigation breaches at Cravath Swaine & Moore LLP, and Weil Gotshal & Manges LLP, trying to ascertain whether the […]
By Bill Rigby SEATTLE (Reuters) – An online stock trader who profited from inside information passed to him by a former Microsoft Corp finance employee was sentenced to 1-1/2 years in prison in Seattle on Friday. Sean Stokke had pleaded guilty to charges of insider trading, which federal prosecutors said netted more than $400,000 in […]
A former executive at an e-commerce company that was acquired in 2011 by online retailer eBay Inc pleaded guilty on Friday to insider trading in connection with the takeover. Christopher Saridakis, 45, who had led the marketing solutions division of GSI Commerce Inc, pleaded guilty to one count of securities fraud for leaking material nonpublic […]
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