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Insider trading

UK billionaire Joe Lewis avoids jail, fined US$5 million by US judge for insider trading

by Walter Watson
UK billionaire Joe Lewis avoids jail, fined US million by US judge for insider trading

A US judge ordered British billionaire Joe Lewis on Thursday to pay a US$5 million fine and serve three years of probation for sharing illegal stock tips, allowing an investment …

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Two plead guilty to insider trading tied to Truth Social merger

by Edgar Davis
Two plead guilty to insider trading tied to Truth Social merger

Two men pleaded guilty on Wednesday to insider trading in securities in the company that ultimately took former President Donald Trump’s media business public. Michael Shvartsman, 53, head of Miami-based venture capital firm Rocket One …

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US man eavesdropping on wife’s work gets insider trading charge

by Walter Watson
US man eavesdropping on wife’s work gets insider trading charge

A Texas man made almost US$2 million by illegally trading on his wife’s conversations with her BP Plc colleagues, according to the US Securities and Exchange Commission in its latest …

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