U.S. Securities and Exchange Commission
DALLAS (AP) — Mark Cuban told jurors in federal court that he became angry in 2004 when he learned of a pending development that would reduce the value of his investment in an Internet search […]
DALLAS (AP) — A government lawyer says the drive to win that helps Mark Cuban succeed in business led the billionaire basketball owner to cheat by using insider information to sell stock in an Internet […]
WASHINGTON (AP) — JPMorgan Chase & Co. will pay $920 million and has admitted that it failed to oversee trading that led to a $6 billion loss and renewed worries about serious risk-taking by major […]
WASHINGTON (AP) — The latest high-tech disruption in the financial markets increases the pressure on Nasdaq and other electronic exchanges to take steps to avoid future breakdowns and manage them better if they do occur. […]
WASHINGTON (AP) — President Obama is nominating former U.S. attorney Mary Jo White to head the Securities and Exchange Commission, tasking her with going after “irresponsible behavior” in the financial industry.
HOUSTON (AP) — The star prosecution witness in the trial of convicted Texas financier R. Allen Stanford was sentenced Tuesday to five years in prison for helping to bilk investors out of more than $7 billion in one of the biggest Ponzi schemes in U.S. history.
NEW YORK (AP) — Steven A. Cohen may not be a household name, but he’s made a name for himself. In finance, fine art and sports, he’s had an extraordinary run of success and has amassed assets worth more than $8 billion.
NEW YORK (AP) – Hewlett-Packard Co. said on Tuesday that it’s the victim of a multi-billion dollar fraud at the hands of a British company it bought last year that lied about its finances. HP […]
SAN BERNARDINO, Calif. (AP) – Federal regulators are looking into the finances of San Bernardino as the city makes its way through bankruptcy proceedings. The U.S. Securities and Exchange Commission has launched an informal inquiry, […]
ALBANY, N.Y. (AP) – New York officials are investigating marketing and health claims made by several energy drink makers. A person familiar with the inquiry, speaking on condition of anonymity because the investigation hasn’t yet […]