Corporate / Securities Law News

Federal prosecutors and securities regulators said insider trading charges were filed against hedge-fund manager Douglas F. Whitman , alleging he was connected to the illegal trading network of imprisoned investor Raj Rajaratnam , founder of the now-defunct Galleon Group.

The Securities and Exchange Commission has charged a hedge fund manager and his Menlo Park, Calif.-based firm for their involvement in the insider trading ring connected to Raj Rajaratnam and hedge fund advisory firm Galleon Management.

The Securities and Exchange Commission has reached a settlement agreement with two former Bear Stearns hedge fund managers over whether the firm misled the nation as the mortgage crisis started, reports the New York Times.

But there won't be any cheering in the boardrooms and hallways of the Securities and Exchange Commission and the Commodity Futures Trading Commission.

The chairman of the House Financial Services Committee, Spencer Bachus, which oversees the U.S. banking and financial services industries, is under investigation for possible violation of insider trading laws, The Washington Post reported on Thursday.

Here's news from Steven Haas of Hunton & Williams ...: In recent days, shareholders have filed several class action complaints in Delaware .... The litigation will require Delaware courts to review a bylaw that would increase Delaware's market share of corporate litigation.

A fight is breaking out between the money-market mutual fund industry and federal regulators.

FILE - In this Dec. 6, 2011 file photo, SEC Chair Mary Schapiro testifies on Capitol Hill in Washington, before the Senate Banking Committee hearing on the implementation of the Wall Street reform act.

Recent insider-trading prosecutions should serve as a warning to financial professionals too young to recall the crackdowns during the Reagan Era, a top Securities and Exchange Commission official said on Wednesday.

This week's Burro goes to Christopher B. Cornett, who raked in the money for his foreign currency investments and when things went sour, the government says, kept on raking in the dough .

At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation.

Paul Fox, a spokesperson for P&G, said the news of Diamond Foods' restatement and its plans to replace top executives was "very disappointing" and that the company plans to look at its next steps as Pringles is a "very valuable asset" that has garnered interest from other parties.

House Majority Leader Eric Cantor faced criticism on Wednesday for introducing a version of the STOCK Act which many said had severely weakened the legislation.

Las Vegas Sands Chairman and CEO Sheldon Adelson waves as he arrives for Sands China's annual general meeting in Hong Kong June 7, 2011.

London, Feb 8 : Media mogul Rupert Murdoch's News Corporation is facing increased pressure in the United States after the FBI stepped-up its investigations into allegations of illegal bribing activity across the media empire.

Quamtel The Internet of Things, when real world devices are connected to the Internet, the technology shift that we've been actively watching and building infrastructure to support since early 2009; will actually occur.

CUI Global, Inc. , a platform company dedicated to the acquisition, development, and commercialization of new, innovative technologies, today announced that the company will present at the upcoming 2012 World Money Show to be held on February 9-12, 2012 at the Gaylord Palms Hotel & Convention Center in Orlando, Florida.

Two Wall Street groups sought to have a federal judge to delay a U.S. Commodity Futures Trading Commission rule that limits speculation, saying the regulation is already imposing "significant, irreversible costs." The International Swaps and Derivatives Association Inc.

Congress made a mistake when it stripped away most of the Securities and Exchange Commission's authority to police the holding companies of broker-dealers for risks, according to the SEC's newest commissioner.

Get news bulletins by email>> U.S. stocks end higher on reports out of Greece, comments by Fed; Dow highest since 2008 BOSTON - Investors should be hoping the commissioners of the Securities & Exchange Commission give an upcoming report on money-market funds a bad grade.