Senators Booker and Kim Slam Stock Trading Millionaire Politicians Like Mikie Sherrill, Call for Ban on Insider Trading in D.C.
Trenton, NJ – Senator Andy Kim publicly endorsed Congresswoman Mikie Sherrill for New Jersey governor, but this week, he posted a pointed criticism of elected officials who personally profit from stock trading…
Secaucus Teen Arrested for Trading Child Pornography
Secaucus, NJ – The Secaucus Police Department began investigating a tip regarding child sexual abuse material in September. The tip involved images and videos uploaded via Snapchat, X, and Telegram by a…
Pennsylvania Man Charged with Illegal Trading of Dick’s Sporting Goods Stock
PHILADELPHIA, PA — Frank T. Poerio Jr., a 62-year-old resident of Gibsonia, Pennsylvania, faces federal charges for securities fraud as announced by U.S. Attorney Eric G. Olshan. Poerio has been charged with…
These Members Of Congress Want To Ban Their Colleagues From Trading. They’re Still Buying And Selling Assets
Four members of Congress recently reported buying and selling financial assets, despite co-sponsoring a bill that would ban such trades, disclosures show. Democratic Reps. Mary Gay Scanlon of Pennsylvania, Jeff Jackson of…
Chatham Man Pleads Guilty to Insider Trading Scheme
BOSTON – A Chatham man pleaded guilty today in federal court in Boston to securities fraud for trading on inside information about a Massachusetts semiconductor company’s planned acquisition of a California semiconductor…
From Insider Trading To Racism Allegations, Elon Musk And His Companies Face A Mountain Of Legal Challenges
From Insider Trading To Racism Allegations, Elon Musk And His Companies Face A Mountain Of Legal Challenges Jason Cohen on October 7, 2023 Billionaire Elon Musk and his companies face a multitude…
Former Broker-Dealer Partner Arrested for Insider Trading Scheme
NEWARK, NJ – Christopher Matthaei, a 44-year-old former partner at a New Jersey broker-dealer firm, was arrested today and charged with securities fraud conspiracy and securities fraud for his involvement in an…
Former Pharma Executive And Cousin Charged With Insider Trading Of Kodak Stock
Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director in Charge of the New York Field Office of the Federal Bureau…
CEO Of Cryptocurrency And Forex Trading Platform Pleads Guilty To Over $240 Million Scheme To Defraud Investors
Damian Williams, the United States Attorney for the Southern District of New York, announced today the guilty plea of EDDY ALEXANDRE, the leader of a purported cryptocurrency and foreign exchange (“forex”) trading…
U.S. Attorney Announces $1 Million Settlement Of Civil Fraud Lawsuit Against Trading Company For Underpaying Customs Duties On Imported Footwear
Damian Williams, the United States Attorney for the Southern District of New York, AnnMarie R. Highsmith, the Executive Assistant Commissioner for U.S. Customs and Border Protection’s (“CBP”) Office of Trade, Francis J.…
Former Coinbase Insider Pleads Guilty In First-Ever Cryptocurrency Insider Trading Case
Damian Williams, the United States Attorney for the Southern District of New York, announced today that ISHAN WAHI, a former product manager at Coinbase Global, Inc. (“Coinbase”), pled guilty to two counts…
Defendant Sentenced In Groundbreaking Cryptocurrency Insider Trading Case
Damian Williams, the United States Attorney for the Southern District of New York, announced today that NIKHIL WAHI was sentenced by U.S. District Judge Loretta A. Preska to 10 months in prison…
‘Doing Bad Deals’: GOP Rep Who Served In Elite Army Unit Rips Biden Over Trading ‘Merchant Of Death’ For Griner
‘Doing Bad Deals’: GOP Rep Who Served In Elite Army Unit Rips Biden Over Trading ‘Merchant Of Death’ For Griner Harold Hutchison on December 8, 2022 A Republican congressman who served with…
California Executive Compensation Consultant Sentenced To Prison For Committing Insider Trading
Damian Williams, the United States Attorney for the Southern District of New York, announced that FRANK GLASSNER, a principal of an executive compensation consulting firm based in Novato, California (the “Consulting Firm”),…
Top Fed Official Under Investigation For Violating Insider Trading Rules
Top Fed Official Under Investigation For Violating Insider Trading Rules John Hugh DeMastri on October 14, 2022 Raphael Bostic, President of the Federal Reserve Bank of Atlanta, is under investigation by…
‘Failure Of House Leadership’: Dem Rep Excoriates Own Party, Pelosi For Not Passing Bill Banning Stock Trading
‘Failure Of House Leadership’: Dem Rep Excoriates Own Party, Pelosi For Not Passing Bill Banning Stock Trading Harold Hutchison on September 30, 2022 Democratic Rep. Abigail Spanberger of Virginia blasted House…
‘Defeats The Whole Purpose’: Nancy Pelosi’s Stock Trading Ban Bill Contains A Major ‘Loophole,’ Experts Warn
‘Defeats The Whole Purpose’: Nancy Pelosi’s Stock Trading Ban Bill Contains A Major ‘Loophole,’ Experts Warn Gabe Kaminsky on September 30, 2022 House Speaker Nancy Pelosi’s stock trading bill for members…
‘Legalized Corruption’: Democrats’ Delay On Stock Trading Ban Is ‘Disappointing,’ Watchdogs Say
‘Legalized Corruption’: Democrats’ Delay On Stock Trading Ban Is ‘Disappointing,’ Watchdogs Say Gabe Kaminsky on September 18, 2022 Senate Democrats’ move to delay a bill banning members of Congress from trading stocks…
Democrats Are Delaying A Stock Trading Ban Until After Midterms
Democrats Are Delaying A Stock Trading Ban Until After Midterms Gabe Kaminsky on September 15, 2022 Democratic senators will not put forth legislation banning members of Congress from trading stocks prior to…
Tippee Pleads Guilty In First Ever Cryptocurrency Insider Trading Case
Damian Williams, the United States Attorney for the Southern District of New York, announced today that NIKHIL WAHI, the brother of a former product manager at Coinbase Global, Inc. (“Coinbase”), pled guilty…
Online Trading School Defrauded New Jersey Investors, Attorney General Alleges in Order
by NJ Attorney General Matt Platkin NEWARK – Acting Attorney General Matthew J. Platkin today announced that the New Jersey Bureau of Securities (“the Bureau”) issued a civil Summary Penalty and Cease…