July 21- A former president of Qualcomm Inc's global business operations pleaded guilty on Monday to insider trading in shares of the mobile phone chipmaker and a company it bought in 2011, as well as to a related money laundering charge.» Read More
NEW YORK, Feb 4- A federal bankruptcy judge on Tuesday approved JPMorgan Chase& Co's $543 million deal to end two private lawsuits stemming from its relationship with convicted Ponzi scheme mastermind Bernard Madoff. JPMorgan will pay $218 million to resolve class-action litigation and $325 million to resolve claims brought by the trustee, Irving Picard.
NEW YORK, Feb 4- A jury began deliberating on Tuesday on whether to convict Mathew Martoma of insider trading stemming from trades made while working at Steven A. Cohen's SAC Capital Advisors hedge fund, in what prosecutors called the most lucrative such scheme in U.S. history.
NEW YORK, Feb 3- Mathew Martoma sought out a "canary in the coal mine" to give him inside information on drug companies, a federal prosecutor said on Monday, urging jurors to convict the former SAC Capital Advisors portfolio manager of insider trading.
Martoma, 39, is accused of using inside information about a drug trial to trade in the stock of Elan Corp Plc and Wyeth that helped SAC Capital make profits and avoid losses of $276 million.
Jan 29- A Chicago- based accountant was indicted for allegedly trading ahead of an earnings announcement from his then employer, Allscripts Healthcare Solutions Inc, U.S. federal prosecutors said on Wednesday. Attorney's office in Chicago said. He now also faces charges from the Securities and Exchange Commission.
BOSTON, Jan 28- Herbalife shares fell as much as 3.5 percent on Tuesday following a report that Canada's top consumer regulator has launched a formal probe into complaints that the nutrition and weight loss company runs a pyramid scheme.
NEW YORK, Jan 27- U.S. prosecutors have criminally charged a former Wells Fargo& Co broker and a banker with insider trading in Burger King securities ahead of a 2010 buyout of the fast-food chain.
BOSTON, Jan 24- Richard Schimel, back in the hedge fund business after the U.S. government's insider trading probe helped force him to shut down Diamondback Capital, sees a chance to make money in certain financial stocks this year.
We should all be doing EMV, says JPMorgan's Jamie Dimon, sharing his thoughts on protecting consumers' personal information.
Nu Skin shares plunged on concerns over an investigation by Chinese authorities' into its business practices in the country.
CNBC's Scott Cohn reports former Enron CEO Jeff Skilling has been moved to a minimum security prison in Montgomery, Alabama.
CNBC's Scott Cohn reports on the settlement between U.S. authorities and JPMorgan Chase over its alleged role in Bernard Madoff's Ponzi scheme.
JPMorgan will pay a $350 million penalty to the U.S. Office of the Comptroller of the Currency in addition to a $1.7 billion forfeiture to settle charges in the Madoff deal.
Opening statements in the trial for ex-SAC trader Matthew Martoma could begin Wednesday. CNBC's Kate Kelly reports jury selection has begun.
CNBC's Scott Cohn reports JPMorgan will settle with trustee Irving Picard for $543 million. Picard will disperse the funds to the Madoff victims.
CNBC's Scott Cohn reports JPMorgan will pay $1.7 billion to the DOJ for its dealings with Bernie Madoff. The bank will also admit wrongdoing in a deferred prosecution agreement. No individuals will be held accountable.
JPMorgan Chase will not be penalized following accusations that it ignored Bernard Madoff's Ponzi scheme, the Wall Street Journal reported.
An announcement of a settlement deal between JPMorgan and regulators in the Madoff case could come as early as Tuesday. CNBC's Scott Cohn reports that the company says employees acted in good faith.
CNBC's Kayla Tausche reports JPMorgan could reach a $2 billion settlement with the Department of Justice this week. CNBC's Scott Cohn provides perspective.
CNBC's Kayla Tausche reports JPMorgan could reach a $2 billion settlement with the Department of Justice this week. The deal could also include a deferred prosecution agreement which would rule out criminal charges.