Three Chinese citizens have been criminally charged in the United States with trading on confidential corporate information obtained by hacking into networks and servers of law firms working on mergers, U.S. prosecutors said on Tuesday. Iat Hong of Macau, Bo Zheng of Changsha, China, and ...
With a desperation fling, Chad Kelly and No. 15 Mississippi ended a quarter century of futility at Bryant-Denny Stadium. Kelly completed a deflected 66-yard touchdown pass and added two more long ones in the fourth quarter and the Rebels held on to beat No. 2 ...
Traders — human and otherwise — churned about $91 million worth of Avon Products Inc. stock in the 25 minutes after a takeover filing the company is now treating as a hoax. That's four times as much as traded all day prior to then, according ...
U.S. regulators on Thursday suspended trading in four small over-the-counter stocks of companies that they said have been touting the development of products to prevent or treat the Ebola virus, and warned investors to beware of similar scams. The Securities and Exchange Commission said it ...
Prominent Dallas businessman Samuel Wyly has filed for bankruptcy protection as he and the estate of his brother face up to $400 million in penalties after being found liable for hiding stock holdings overseas. Wyly filed a bankruptcy petition in federal district court in Dallas ...
The U.S. Securities and Exchange Commission has alleged that Edwin Fujinaga, owner of Las Vegas-based MRI International Inc., has moved personal assets out of the United States in violation of a court-ordered asset freeze. In a recent memorandum to the U.S. District Court of Nevada, ...
The FBI probed MRI International Inc. in 2009 on suspicion that it was running a Ponzi scheme, according to a source who cooperated with the investigation. The revelation comes after the U.S. Securities and Exchange Commission won permission to freeze the assets of MRI and ...
At the trial of a Citigroup executive a year ago, Matthew Martens attended as a spectator and watched the defense win jurors over with the "Where's Waldo" argument. The jury cleared Brian Stoker of the fraud charges leveled against him by the Securities and Exchange ...
Japan's financial watchdog asks the SEC for help prosecuting a U.S.-based asset manager suspected of swindling investors out of billions of yen.
Federal regulators Tuesday fined the Chicago Board Options Exchange $6 million, saying its staff interfered with its three-year investigation of short selling at a member firm in an unprecedented breakdown of trading supervision. The settlement, which calls for immediate remedial actions, is the first ever ...
