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The conviction of Raj Rajaratnam is the crest of an unprecedented wave of insider-trading cases that's now expected to accelerate.
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Hedge-fund impresario Raj Rajaratnam was convicted on all 14 counts of securities fraud and conspiracy against him in the biggest insider-trading case ever, likely accelerating a wave of prosecutions rocking Wall Street.
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Loretta Fredy Bush, who became well known in Asia as the American chief executive of Xinhua Finance, was indicted on U.S. fraud charges along with two associates stemming from their management of the Shanghai-based information services firm.
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Individual investors see the Galleon verdict as a positive for the markets, but still doubt that people like them are treated fairly in the markets.
Raj Rajaratnam never spoke during his seven-week insider-trading trial, but his voice echoed through the courtroom.
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He's half-man, half-horse and all party. Meet Kegasus, the surly centaur with Kenny Powers-good looks who's been trusted to lift the Preakness Stakes out of the bankruptcy doldrums.
A court-ordered takeover of the legendary Giordano's pizza chain triggered a tense standoff at the company's downtown Chicago headquarters Thursday after President John Apostolou and other family members refused to leave.
Today, David Boies and Ted Olson, who successfully represented gay couples in overturning California's Proposition 8, filed a motion that called efforts to recuse judge Vaughn Walker groundless,
The antitrust judgment landed by the Department of Justice 10 years ago against Microsoft officially expired on Thursday, marking the end of one of the most famous antitrust cases in U.S. history.
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SAC Capital Advisors, one of the nation's most prominent hedge funds, is facing heightening regulatory and legislative heat.
California accused insurer John Hancock Financial Services of withholding benefits from widows and other beneficiaries by allegedly failing to determine if its customers were dead.
U.S. officials have used secret wiretaps as a powerful weapon against cheaters on Wall Street. But recent insider-trading cases have raised fresh questions about when government surveillance crosses a line into unwarranted invasion of privacy.
Travel writer Andrew Doughty recently grappled with a new career challenge: a proposed state law that would hold Hawaii guidebook writers personally liable for deaths or accidents at spots they recommend.
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A jury said Mattel doesn't own the Bratz doll franchise, and awarded it no damages in its copyright lawsuit against MGA Entertainment. MGA, meanwhile, won $88.5 million in a countersuit accusing Mattel of stealing trade secrets.
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A finance professor was called to bolster defense arguments that Galleon Group founder Raj Rajaratnam's trades were based on a "mosaic" of research and publicly available information.
Paul Ceglia amended his lawsuit against Mark Zuckerberg, saying he is entitled to half of the Facebook co-founder's equity in the company.
A Portland, Ore., neurosurgeon who performed multiple spinal fusions on the same patients lost his operating privileges at the hospital where he did many of his surgeries and is under investigation by the Oregon Medical Board.
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Galleon Group founder Raj Rajaratnam's lawyers took jurors through more than a dozen research reports and news articles they say back his trades in a stock at the center of his insider-trading case.
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