The SEC is expanding an insider trading investigation which may have started with congressional staffers. CNBC's Eamon Javers reports the details.» Read More
Two men were charged with making more than $32 million in illegal profits from trades based on information stolen from a prominent Silicon Valley law firm, with CNBC's Scott Cohn.
Facebook has implemented a policy prohibiting employees from selling shares to other investors.
One of the questions I keep getting asked is why insider trading law should apply to an "unregulated" company like Facebook.
Warren E. Buffett has a favorite saying: “Lose money for my firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.” But as speculation of insider trading swirls around Mr. Buffett’s onetime heir apparent, David L. Sokol, it has to be asked: Why hasn’t Mr. Buffett been ruthless?, reports the New York Times.
CNBC's Julia Boorstin on reports from Sharepost that detail the valuation of several big name private companies. Also, a look at the problem of insider trading for people inside and outside of Silicon Valley, with Steven Feldman, Herrick Feinstein partner, and CNBC's John Carney.
Insider trading may be a far bigger problem than many people both inside and outside of Silicon Valley realize.
Don't be surprised if people connected with some of the hottest new tech companies find themselves hauled into court on insider trading charges.
Facebook fired a corporate development manager for buying Facebook shares in a private market transaction prior to the announcement of Goldman Sachs' investment in the company, according to the website TechCrunch.
Fund manager Raj Rajaratnam made $1 million in two minutes of frantic calls after receiving an inside tip about a big investment in Goldman Sachs at the height of the financial crisis, prosecutors said this week at the Galleon founder's insider trading trial.
In the witness stand yesterday, former Galleon portfolio manager Adam Smith told jurors about the world inside Raj Rajaratnam's hedge fund.
Dozens of foreign companies with London listings may be exempt from new anti-corruption laws, Ken Clarke has confirmed, a disclosure that will anger investors keen to preserve the integrity of London’s markets, the Financial Times reports.
Adam Smith began his testimony in the Raj Rajaratnam trial today.
This afternoon, former Galleon trader Adam Smith will take the stand in the Raj Rajaratnam insider trading trial.
This afternoon, former Galleon trader Adam Smith, is expected to testify in the Raj Rajaratnam insider trading trial. He's already pleaded guilty to insider trading.
Secretly-recorded audio played by prosecutors reveals a phone conversation between hedge fund executive Raj Rajaratnam and his brother Rengan in which Rengan was concerned that the media had picked up on the deal.
The defense and the prosecution on the trial of Raj Rajaratnam fought more than ever this week over one question.
Goldman Sachs chief Lloyd Blankfein admitted that not all Goldman Sachs clients are created equal in the eyes of the firm.
It's confirmed. Lloyd Blankfein will testify at the trial of Raj Rajaratnam for insider trading, according to letters sent to Judge Holwell, from government prosecutors and Raj's defense (via Bloomberg).
Federal prosecutors say they do plan to call Goldman Sachs Chairman Lloyd Blankfein as a witness in the insider trading trial of Raj Rajaratnam, according to a letter sent to the judge in the case.