Christopher Finazzo was also ordered to forfeit more than $25 million and pay the company $13.7 million in restitution.
The U.S. has more available trucking jobs than qualified drivers, as older workers retire. Inside the labor shortfall.
Companies making headlines after the bell Wednesday:
Ahead of Apple's iPhone 6 launch, developers scramble to see that their apps will work on iOS8, which is expected to launch with the new smartphone.
Most Americans don't realize the market gained 30 percent last year, and only 1 in 9 call themselves savvy about investing, according to a survey.
Verizon denied a report that said the company planned to launch a mobile software store that could be an alternative market leaders Apple and Google.
When an executive really drops the ball, Cramer puts them on the Wall of Shame. Someone new has just made the dubious list!
Digital Ally Inc has been busy fielding a rush of inquiries from U.S. police departments about its wearable cameras.
Apple's stock soared to highs in advance of its media event next month, leaving pros to question if it has more room to run.
As booming shale pushes U.S. oil production to near 9 million barrels per day, some say U.S. strategic interests are being realigned.
Bain's investment will be used to accelerate TOMS' business program and support its philanthropic activities, a source said.
HP reported quarterly revenue that topped projections as it works through an internal overhaul aimed at cutting costs.
But the minutes, released Wednesday, also showed that most members agreed more data was needed to move up the schedule of rate hikes.
Pimco's New York location is addressing an "isolated issue with insects," and as a precautionary measure, is fumigating certain areas of its office.
BofA reached a record $17 billion settlement over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.
McDonald's sees a widespread digital revamp as key to reaching its audience. Job postings shed light on what may be in store.
The FBI has warned that health care industry companies are being targeted by hackers.
Hostess Brands said Wednesday that the Schiller Park, Ill., bakery where Twinkies were invented in 1930 will close, the Chicago Tribune reported.
Auditors say the IRS's flawed collecting process is bringing only three-quarters or so of the Obamacare-related revenue originally expected.
U.S. officials say military planners are weighing the possibility of sending American more forces to Iraq.