Merck insider bought stock 14 minutes after no-trade warning


A former Merck & Co. executive bought shares in a company Merck was acquiring 14 minutes after a Merck lawyer warned him not to trade in the stock.


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A former Merck & Co. executive bought shares in a company Merck was acquiring 14 minutes after a Merck lawyer warned him not to trade in the stock.
Britain's market regulator charged a former UBS Group AG compliance officer with five counts of insider trading.
A former Goldman Sachs Group Inc. compliance employee settled an SEC complaint Wednesday that accused him of using confidential data from emails for trades in at least four takeover targets.
A former senior information systems officer at a leading Silicon Valley-based law firm was jailed Wednesday for two years for insider trading.
Jing Wang, the former president of global business operations for Qualcomm Inc., was sentenced Friday to 18 months in prison and fined $500,000 for his role in a three-year insider trading scheme and cover up.
Image courtesy of New England Law | BostonLaw-related employment for grads from American law schools isn't exactly robust. In 2013, the ABA Journal said, only 57 percent of the that year's JDs had full-time bar-passage-required jobs. At the same time, the world seems to have an insatiable appetite for compliance officers. That sounds like an opportunity.
Sam Wyly, courtesy of genconnectofficial on YouTubeThe Securities and Exchange Commission said in a court filing Friday that Texas billionaire Sam Wyly and the estate of his late brother Charles should pay $1.41 billion in damages for hidding trades in companies they controlled using offshore trusts.
In what is thought to be the first FCPA-related enforcement action ever taken against a China-based company, the SEC entered into a joint settlement yesterday with Keyuan Petrochemicals Inc. and its former CFO, Aichun Li, over alleged violations of the books and records and internal controls provisions of the FCPA, and anti-fraud and reporting provisions of other federal securities laws.