Ex-Goldman Associate Sentenced to More Than 4 Years for Inside Trades
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A former Goldman Sachs associate who was accused of masterminding one of the broadest insider-trading conspiracies in years was sentenced to nearly five years in prison.
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A New York man who was sentenced some five years ago for his role in a securities fraud scheme was arrested on Tuesday for allegedly defrauding investors of millions of dollars in a foreign exchange scam.
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The former chief financial officer of defunct hedge fund Bayou Group was sentenced to 20 years in prison on Tuesday for his role in a scheme that defrauded investors of $450 million and led to the fund's collapse.
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NEW YORK -- US government prosecutors filed charges in one of the biggest insider-trading cases on Wall Street since the 1980s, claiming employees at UBS AG , Morgan Stanley , and Bear Stearns Cos. profited from advance knowledge of mergers and stock picks.
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Good-bye, Frank Quattrone. The investment banker who became famous in money circles as one of Silicon Valley's main pipelines to Wall Street cash during the 1990s boom heard the bad news yesterday. A federal judge in New York gave him 18 months in prison, a slightly tougher stretch than the sentencing guidelines suggested. Expect the normal cycle of appeals, but ...
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The former chief executive of Brocade Communications Systems Inc. was sentenced on Wednesday to 21 months in prison for orchestrating a scheme to tamper with financial records of stock options the company offered.
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A former Goldman Sachs Group Inc   analyst was sentenced to nearly five years in prison on  Thursday for leading an insider-trading ring that netted more  than $6 million in illegal profits.
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Former Lt. Gov. Earle Morris was sentenced Friday to nearly four years in prison for misleading investors about the securities firm he led before it collapsed in the state's biggest bankruptcy.
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The first company chief executive to be convicted for tampering with stock-option awards was sentenced yesterday to 21 months in prison, one of a handful of corporate officials to face punishment for the once-widespread practice.
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A former Goldman Sachs associate accused of being the mastermind behind a complex insider-trading scheme pleaded guilty on Tuesday.
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After four years of trading subprime mortgages, Jason Rew jettisoned his job at the investment bank Goldman Sachs and founded an off-shore business.
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Eric I. Tsao, a former scientist at the Gaithersburg biotech firm, was sentenced Friday to 15 months in prison on charges stemming from a series of improper stock trades.  -The Washington Post
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Brocade Communications Systemsâ former chief executive  received a 21-month prison sentence for designing a plan to tamper with the firmâs records of stock option grants.
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The former No. 2 weapons buyer for the Air Force was sentenced Friday to nine months in prison for negotiating a $250,000 job with Boeing while still overseeing the company's business with the military.
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ALEXANDRIA, Va.  - The U.S. Air Force's former No.  2 weapons buyer was sentenced to nine months in prison Friday  after telling the court she had given Boeing Co. a rival's  secret data and inflated weapons deals to ingratiate herself  with the company, her future employer.
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Brocade Communications Systems  Inc's  former CEO was sentenced on Wednesday to 21  months in prison for backdating stock-option grants in a  scandal that has ensnared scores of U.S. companies and led to  billions of dollars of restatements.
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NEW YORK A US federal judge on Wednesday imposed a harsher-than-required sentence of 18 months in prison on Frank Quattrone, a leading technology investment banker of the 1990s who was convicted of obstruction of justice in May.