Federal prosecutors have released new information concerning the insider trading investigation which has resulted in 49 arrests and 29 guilty please. Prosecutors unsealed the transcript of Noah Freeman's plea hearing on Monday. Freeman, who lives in Massachusetts has plead guilty to insider trading charges and has been cooperating with federal authorities to obtain information...
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Category: Insider Trading
SEC Now Probing Exchange Traded Funds for Insider Trading: Charges Looming In WideSpread Long Term Investigation
The Securities and Exchange Commission (SEC) is investigating whether traders are using exchange traded funds (ETF's) to hide insider trading. ETF's are a relatively new product that can be bought and sold like stock. ETF's are desgined to track the price of a designated index like Standard & Poor's 500 or the Dow Jones...
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FBI Head: More Arrests Coming in Hedge Fund Insider Trading Investigation
Yesterday's arrest and charges of insider trading by hedge fund employees and managers including Harvard Business School grad Sam Barai and Harvard College grad Noah Freeman, are just the beginning and more arrests are expected shortly based on a statement by Janice Fedarcyk, who heads the New York office of the FBI, that more...
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Harvard Business School Alum Sam Barai Hedge Fund Manager Charged With Insider Trading
Harvard Business School Alum Sam Barai, was charged today with insider trading. Barai, head of Barai Capital Management surrendered to authorities in connection with the charges. Barai Capital Management was started in 2008 and focused on technology and media companies and is in the process of closing its doors. It was one of four...
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SEC Files Insider Trading Charges Against 6 for Tipping Hedge Funds
Federal Regulators filed insider trading charges against six people who worked for an expert networking firm and passed on confidential insider corporate information to investors. All six were consultants or employees of Primary Global research based in Mountain View California which connects experts and consultants with investors seeing info in the technology, health care...
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