NEW YORK (AP) _ As promised, SAC Capital Advisors has pleaded guilty to criminal fraud charges in a record $1.8 billion deal with the government. The company’s longtime general counsel Peter Nussbaum entered the plea […]
A hedge fund owned by a Connecticut billionaire has agreed to plead guilty to fraud charges and to pay a $1.8 billion financial penalty, federal prosecutors said Monday.
A former Goldman Sachs and Procter & Gamble Co. board member from Westport was sentenced to two years in prison Wednesday.
A Connecticut man faces conspiracy and securities fraud charges that carry a potential for more than 100 years in prison in an insider trading trial getting underway in New York today.
Federal prosecutors in Connecticut are targeting insider trading and similar financial crimes for the first time as part of a new focus on white-collar criminals, according to the state’s U.S. attorney.
A former board member of Goldman Sachs and Procter & Gamble surrendered Wednesday to face a six-count securities fraud indictment that makes him the latest defendant in the biggest insider trading case in history.
WASHINGTON (AP) – A law enforcement official says the Federal Bureau of Investigation has raided two hedge funds linked to a broader insider-trading probe. The official says bureau employees searched the offices of Level Global […]