A British billionaire who owns properties on Commercial Wharf in the North End shared insider stock tips about two Boston biotechs with his private pilots and acquaintances, helping them make millions in illegal gains, according to federal prosecutors.
Federal Reserve Vice Chair Richard Clarida said he will step down Friday, the third Fed official to resign after a trading scandal at the central bank.
An employee of a Cambridge-based biopharmaceutical company was sentenced yesterday in federal court in Boston for engaging in an insider trading scheme.
An employee of a Cambridge-based biopharmaceutical company was sentenced yesterday in federal court in Boston for engaging in an insider trading scheme.
Two employees of Cambridge-based biopharmaceutical companies were convicted yesterday by a federal jury of engaging in an insider trading scheme.
Federal prosecutors charged a vice president at Goldman Sachs Group Inc. on Thursday with insider trading by illegally using non-public information about several companies that were clients of the investment bank.
A Lexington man was arrested today and charged in federal court in Boston in connection with trading on non-public information and profiting more than $800,000.
A Brookline man was sentenced yesterday for his role in a million-dollar insider trading scheme in 2013 during the lead up to the acquisition of Cooper Tire & Rubber Co. by India-based Apollo Tyre.
A Brookline man was convicted this week of one count of conspiracy and 10 counts of securities fraud, with each count representing the purchase of Cooper Tire securities by two co-conspirators.
