Was Yelp Misleading About Its Reviews?

Yelp is no stranger to legal battles, nor is it a stranger to complaints about how it handles reviews. Now, the company faces a new class action suit from shareholders, accusing it of selling over $81 million in stock, while…

Microsoft Senior Manager Charged With Insider Trading

The U.S. Securities and Exchange Commission (SEC) today announced that Microsoft Senior Manager Brian Jorgenson has been charged with insider trading. Jorgenson is accused of using confidential information about Microsoft to influence stock trades. The SEC believes that Jorgenson leaked…

Mark Cuban Is Not Guilty Of Insider-Trading

Mark Cuban, the businessman and owner of the Dallas Mavericks, has been facing charges of insider-trading. He has been in a battle with the federal government for years now, and with it finally over, he can rejoice, especially after the…

Mark Cuban Innocent In Insider Trading Case, Jury Finds

A federal jury has reportedly found billionaire Mark Cuban not guilty of insider trading. The trial began last month, stemming from accusations that he engaged in insider trading when selling shares of Mamma.com back in 2004. The SEC had filed…

Jim Cramer Suggests Snapchat Could Be Used for Insider Trading

Snapchat, the ephemeral messaging app that’s gaining quite the following, has been accused of facilitating some risque communications. When it first launched, it quickly garnered the reputation as being a “sexting” app for teens. You see, Snapchat allows users to…

Former AT&T Employee Pleads Guilty To Insider Trading

A former employee of AT&T has confessed to participating in a network of experts who obtained corporate secrets and passed them along to investors. According to a report this afternoon from Reuters, Alnoor Ebrahim plead guilty to a single count…

Stock Act: Obama Signs To Bar Insider Trading

“It’s the notion that the powerful shouldn’t get to create one set of rules for themselves and another set of rules for everybody else,” Obama said on Wednesday. He was referencing a bill introduced this week into legislation that will…

Alcoholics Anonymous Reveals Insider Trading

The Securities and Exchange Commission’s (SEC) Philadelphia branch filed an insider trading complaint with federal regulators late last year. Since then charges have been placed against a financial consultant at Ameriprise Financial Services and four of his colleagues for shares…

Facebook Creates A Challenge For SEC

According to the Securities and Exchange Commission, it has become increasingly more difficult to regulate and minimize insider trading. A predominant reason for this is social media like Facebook and Twitter. The ease at with insiders can share and disseminate…

Whitman Capital President Accused Of Google Insider Trading Scheme

Insider trading is not cool and one financial giant is learning that the hard way. Bloomberg is reporting that Doug Whitman, founder and president of Whitman Capital, was charged with using illegal tips on Google, Polycom and Marvell Technology to…