insider trading charge News

A federal jury on Monday found two former New York stockbrokers liable for trading on confidential tips about an IBM Corp acquisition, despite a major appeals court ruling that made insider trading cases harder to pursue. In a victory for …

A former partner at a Philadelphia law firm has been charged with insider trading linked to a client’s merger with another insurance firm. Federal prosecutors have charged Herbert Sudfeld with making $75,000 by purchasing stock in Harleysville Insurance the day …