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2 Hedge Fund Managers In A High-Profile Insider-Trading Case Just Got Their...
The United States Court of Appeals for the Second Circuit, which covers New York City, has reversed the insider-trading convictions of hedge-fund managers Todd Newman and Anthony Chiasson, according to...
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Top Prosecutor Warns NY Politicians To 'Stay Tuned' For More Corruption Arrests
Albany politicians beware, US Attorney Preet Bharara is still on the prowl. At a Thursday press conference announcing charges against State Assembly Speaker Sheldon Silver, one of the most powerful...
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These letters may be at the center of an investigation related to Bill...
The $1 billion short of Herbalife by hedge fund manager William A. "Bill" Ackman is under renewed scrutiny.Last week, The Wall Street Journal reported that the FBI and the US Attorney's office in...
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Bill Ackman has little to fear from the Herbalife stock-manipulation...
Hedge fund manager Bill Ackman has little to fear from a government investigation into Herbalife stock manipulation, legal experts say — at least based on what has been reported about the inquiry so...
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The new Attorney General should probably freak Wall Street out way more than...
The Senate has finally confirmed Loretta Lynch to be the next US Attorney General.What does this mean for Wall Street?What does Wall Street think of her?We asked a bunch of sources close to the...
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One of Wall Street's biggest enemies is everybody's favorite law school...
US Attorney Preet Bharara has made a name for himself taking down both Wall Street power players and influential New York state politicians — and now, The Wall Street Journal reports, he's become the...
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A New York prosecutor that Wall Street can't stand just resigned — here's who...
Speculation has shifted to who will replace New York State Department of Financial Services Superintendent Benjamin Lawsky, who is leaving the position to launch a legal and consulting firm. Lawsky...
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Pump-and-dump frauds are turning to Twitter, and these companies are out to...
News breaks on Twitter.So do rumors, hoaxes, and outright frauds aimed at manipulating stock prices.For companies that mine the internet and social media for information hedge-funds can trade on,...
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One of Wall Street's biggest enemies is reportedly going after DraftKings and...
(Reuters) - Manhattan Attorney Preet Bharara is investigating whether the business model behind daily fantasy sports companies such as DraftKings Inc and FanDuel Inc violates federal law, the Wall...
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The 'Sheriff of Wall Street' just gave up on a huge insider trading case
The so-called "Sheriff of Wall Street," US Attorney Preet Bharara, has dismissed charges against former SAC Capital trader Michael Steinberg and six others who pled guilty to insider trading.In...
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It's getting harder to put Wall Streeters behind bars
US Southern District Attorney Preet Bharara has racked up dozens of convictions of insider traders like Galleon Group CEO Raj Rajaratnam and former McKinsey managing director Raj Gupta.But recent...
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Preet Bharara was the undefeated top cop of Wall Street — but now his legacy...
Preet Bharara, the US attorney, abandoned several insider trading cases last week.These included charges against former SAC Capital trader Michael Steinberg – who had plead guilty already. It's enough...
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The SEC may have to return millions to a hedge fund it helped shut down
A hedge fund that paid the Securities and Exchange Commission a fine to avoid prosecution over insider trading charges may try and reclaim those funds after the conviction of its co-founder was...
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JPMorgan fell victim to the largest theft of customer data from a financial...
The US Attorney for the Southern District of New York, Preet Bharara, has charged three people in connection to "the largest theft of customer data from a U.S. financial institution in history."One of...
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BHARARA: The JPMorgan hackers committed 'securities fraud on cyber steroids'
One of the biggest financial-data breaches in history was "securities fraud on cyber steroids."That's according to Preet Bharara, the US attorney for the Southern District of New York, who has charged...
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2 of the most powerful people in New York were just convicted within 2 weeks...
Manhattan US attorney Preet Bharara announced on Friday that Dean Skelos, the former majority leader of the New York State Senate, was found guilty on all charges.Skelos and his son were accused of...
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Steve Cohen just scored a victory in his battle with the SEC
The US Securities and Exchange Commission has dropped a portion of its civil case against SAC Capital founder Steve Cohen.In a joint statement on Monday, December 21, the SEC's division of enforcement...
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SHERIFF OF WALL STREET: We're no longer able to bring certain insider trading...
The Sheriff of Wall Street has had one of his guns taken away, and he is not happy about it. US Attorney Preet Bharara, often called the '"Sheriff of Wall Street," in December gave up on a big insider...
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Hedge fund manager David Ganek scored a 'tremendous victory' in his suit...
Hedge fund manager David Ganek scored a big win on Thursday after a judge refused to dismiss his case against the US government.Ganek, founder of now defunct hedge fund Level Global, filed a lawsuit in...
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There might be a scandal brewing in New York City's public housing
NEW YORK (Reuters) - The U.S. Justice Department said on Wednesday it has opened a civil investigation into the health and safety conditions in New York City's public housing and the extent residents...
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