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Business Week/Jackson/Callahan

Printing company worker William Jackson and stockbroker Brian Callahan were convicted of insider trading in 1990 for using stock information in Business Week magazine before it was distributed to the public. The magazine was printed by Jackson's employer, R.R. Donnelley. The government said Jackson and Callahan made over $19,000 each in profits each. They were ordered to repay personal profits and were fined $37,445.

In a separate case, former Business Week broadcast editor Rudy Ruderman pleaded guilty to two counts of mail fraud in 1988 related to a scheme to by stocks based on confidential information in the magazine before it was published. Ruderman was sentenced to six months in prison.

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