Tag Archives: Insider Trading

SEC Settles With Igor Cornelsen and Bainbridge Group For $5.1 Million For Insider Trading In Burger King Stock

SEC v. Igor Cornelsen and Bainbridge Group, Inc., Case No. 12-civ-8712 (S.D.N.Y).  Previously, I wrote about the SEC’s Burger King Insider Trading Case against Waldyr Neto.  On November 30, 2012, the SEC announced charges against Igor Cornelsen and his firm … Continue reading

Posted in Securities | Tagged , , | Leave a comment

SEC Charges Roger Parker As Information Source In Insider Trading Case

SEC v. Michael Van Gilder and Roger Parker, Case No. 12-cv-2839 (D. Colo.).  Previously, I wrote about the SEC’s insider trading case against Michael Van Guilder.  The SEC alleged Van Gilder traded on inside information in advance of Delta Petroleum … Continue reading

Posted in Securities | Tagged , , | Leave a comment

Former Deloitte Partner Thomas Flanagan Sentenced to 21 Months For Insider Trading

SEC v. Thomas P. Flanagan, et al.,Case No. 10-cv-04885 (N.D. Ill.).  On October 31, 2012, the SEC announced that Thomas P. Flanagan was sentenced to 21 months of incarceration followed by supervised release of 12 months.  Flanagan must also pay … Continue reading

Posted in Securities | Tagged , , | Leave a comment

SEC Charges Michael Van Guilder With Insider Trading

SEC v. Michael Van Guilder, Case No. 12-cv2839 (D. Colo.).  On October 26, 2012, the SEC announced it charged Michael Van Gilder, the CEO of the Van Gilder Insurance Company, with insider trading.  Van Gilder learned from an insider that … Continue reading

Posted in Securities | Tagged , , | 1 Comment

SEC Settles Insider Trading Charges Against Kris Chellam In Connection With The Galleon Funds

SEC v. Kris Chellam, Case No. 12-CIV-7983 (S.D.N.Y).  On October 26, 2012, the SEC announced settled insider trading charges against Silicon Valley executive Kris Chellam.  Chellam tipped convicted insider trader Raj Rajaratnam by telling him that Xilinx, Inc. would not … Continue reading

Posted in Securities | Tagged , , , | Leave a comment

SEC Charges Former J. Crew Director Frank LoBue With Insider Trading

SEC v. Frank LoBue, Case No. 12 CIV 7944 (S.D.N.Y).  On October 25, 2012, the SEC announced insider trading charges against Frank LoBue, a former Director of Store Operations at J Crew.  LoBue regularly received confidential information about J. Crew’s … Continue reading

Posted in Securities | Tagged , , | Leave a comment

Hong Kong Firm Ordered To Pay $14 Million to Settle Insider Trading Charges

SEC v. Well Advantage Limited, et al., Case No. 12-cv-5786(S.D.N.Y.).  Previously, I’ve blogged here and here about the SEC’s asset freezes obtained in connection with insider trading related to various Chinese companies.  On October 18, 2012, the SEC announced that … Continue reading

Posted in Securities | Tagged , , , | Leave a comment

SEC Adds Defendant to Pending Insider Trading Case Against Chinese Citizens

SEC v. All Know Holdings, LTD et al., Case No. 11-cv-8605 (N.D. Ill).  On October 12, 2012, the SEC announced new charges in a pending insider trading case against several Chinese citizens and a Chinese-based entity.  The SEC previously charged … Continue reading

Posted in Securities | Tagged , , | Leave a comment

SEC Charges Investment Bank Analyst And Friend With Insider Trading

SEC v. v. Jauyo (“Jason”) Lee and Victor Chen, Case No. C12-5031-JSC (N.D. Cal.).  On September 27, 2012, the SEC announced insider trading charges against Jauyo “Jason” Lee and his friend Victor Chen.  Lee routinely received sensitive information as an investment banker … Continue reading

Posted in Securities | Tagged , , | Leave a comment

SEC Files Fraud Charges Against Bank Executives For Misstating Losses

SEC v. Gilbert G. Lundstrom et al., Case No. 8:12-cv-00343 (D. Neb.); SEC v. Don A. Langford, Case No. 8:12-cv-00344 (D. Neb.).  On September 25, 2012, the SEC announced fraud charges against Gilbert Lundstrom, who was CEO and chairman of … Continue reading

Posted in Securities | Tagged , , , , , | Leave a comment