ABA Journal

Securities Law

1366 ABA Journal Securities Law articles.

Insider Trading by Pillow Talk?

Two former stock analysts were charged with insider trading yesterday in a second case that claims a professional couple traded confidential information.

Charged were Xujia “Jennifer” Wang of Morgan Stanley…

Day Trading Acquittal a Blow to Feds

A Brooklyn jury has acquitted seven people of securities fraud in a case that alleged stock brokers at three firms allowed day traders to listen to confidential trading information broadcast…

McAfee CFO Guilty in Accounting Case

A San Francisco jury has convicted the former chief financial officer of McAfee Inc. of securities fraud for inflating accounting figures.

The lawyer for Prabhat Goyal called the verdict an…

Lawyer Couple Pleads Guilty in Trading Case

Two lawyers who are husband and wife pleaded guilty today to conspiracy and securities fraud in an insider trading case.

Randi Collotta cried as she read a statement admitting her…

Couple’s Dow Jones Trades Targeted

The Securities and Exchange Commission has filed a civil suit accusing a Hong Kong couple of trading on inside information when they purchased $15 million in Dow Jones & Co.…

A Legal Victory for Ex-NYSE Chairman

The former chairman of the New York Stock Exchange has won a significant legal ruling in his fight to keep a $190 million pay package.

The suit, filed by then-Attorney…

GC Fired As Company Probes Backdating

Another backdating probe, another general counsel gets the boot.

But in the case of Matthew Gloss, dismissed as general counsel of Marvell Semiconductor Inc., it’s not clear if his firing…

Lawyer Couple Reaches Plea Deal

A lawyer couple accused of insider trading have reached an agreement to plead guilty.

A prosecutor discloses in a letter to a Manhattan federal judge that Randi and Christopher Collotta…

SEC Targets Insider Trading

The Securities and Exchange Commission has stepped up its probes into insider trading as it examines links between brokerages and hedge funds.

Subpoenas Issued in WSJ Trading Probe

The Wall Street Journal has been subpoenaed in an investigation into suspicious trading in its stock in advance of a $5 billion buyout offer.

The company that made the offer,…

Scammers Combine Stock, Computer Crimes

A fraud that targets computer users at hotels and Internet cafes has netted scammers tens of millions of dollars, according to FBI officials.

The scammers use keystroke logging programs on…

Judge’s Comment Helps Milberg Weiss Defense

A dismissal motion filed last week by a former partner with Milberg Weiss & Bershad picks up on concerns raised by a trial judge.

Steven Schulman argues for dismissal of…

KPMG Germany Rapped in Siemens Probe

A New York law firm overseeing a probe into corruption at Siemens AG says its auditor didn’t do enough to alert the board to suspicious activity.

Debevoise & Plimpton has…

Dutch Ruling Favors Shareholder Rights

A Dutch court has halted the sale of LaSalle Bank by ABN Amro Holding NV until shareholders can vote on it.

The ruling benefits a banking consortium seeking to make…

SEC Ignores Lawyers’ Role in Some Cases

A legal opinion that a newly issued stock can be traded right away may be an essential part of “pump and dump” fraud, in which scam artists sell stock in…

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