July 20, 2012
by Cody Harding
On July 20, 2011, Danielle Chiesi was sentenced to 30 months in prison for her involvement with the hedge fund New Castle Funds LLC and Galleon Group founder Raj Rajaratnam. Chiesi was indicted and pleaded guilty to three counts of conspiracy to commit securities fraud in the US District Court for ...[read more]
July 20, 2011
by Julia Zebley
Former hedge fund trader Danielle Chiesi was sentenced Wednesday to 30 months in prison after pleading guilty in the US District Court for the Southern District of New York to three criminal counts of conspiracy to commit securities fraud. Chiesi was accused of communicating non-public information ...[read more]
July 14, 2011
by Maureen Cosgrove
Former hedge fund trader Danielle Chiesi on Wednesday agreed to pay USD $540,000 to settle a civil charge with the Securities and Exchange Commission (SEC). Chiesi was accused of communicating non-public information about IBM Corporation, Advanced Microdevices (AMD) and Sun Microsystems (now Sun- ...[read more]
January 20, 2011
by Daniel Richey
A key defendant in the Galleon Group insider trading case pleaded guilty Wednesday to three counts of conspiracy to commit securities fraud before judge Richard Holwell of the US District Court for the Southern District of New York. Danielle Chiesi was accused of communicating non-public ...[read more]
October 12, 2010
by Dwyer Arce
On October 12, 2007, the US Court of Appeals for the Second Circuit ruled that US courts have jurisdiction under the Alien Tort Claims Act to hear certain tort claims brought by apartheid victims against companies that allegedly collaborated with the South African government in the maintenance of ...[read more]
September 13, 2010
by Matt Glenn
A judge for the US District Court for the Southern District of New York sentenced former IBM senior vice president Robert Moffat to six months in prison Monday and ordered him to pay a $50,000 fine for his role in the largest insider trading trading case in US history. In March, Moffat pleaded ...[read more]
March 29, 2010
by Michael Kraemer
Former International Business Machines Corp. (IBM) senior vice president Robert Moffat pleaded guilty Monday to conspiracy and securities fraud charges stemming from his involvement in the largest hedge fund insider trading case in US history. US Attorney Preet Bharara said, willfully ignored... ...[read more]
January 12, 2010
by Jay Carmella
The US Court of Appeals for the Second Circuit heard arguments on Monday in an appeal by multi-national corporations accused of assisting the South African government during the apartheid-era. The corporations, which include IBM, Ford Motor Co., Daimler and General Motors Corp., are accused of ...[read more]
October 20, 2009
by Matt Glenn
Galleon Group hedge fund founder Raj Rajaratnam denied any wrongdoing Sunday, promising to fight charges brought against him in one of the US government's largest insider trading cases to date. Rajaratnam was arrested Friday and charged along with five other individuals and two business entities... ...[read more]
October 8, 2009
by Christian Ehret
The US Department of Justice (DOJ) is investigating IBM for allegations of antitrust violations stemming from their sales of mainframe computers, according to Wednesday media reports. Competitors allege that IBM is dominating the mainframe computer market by not allowing its operating systems to ...[read more]

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