SEC Tests Insider-Trading Theory at Trial of Ex-Biotech Executive

Philippines News News

SEC Tests Insider-Trading Theory at Trial of Ex-Biotech Executive
Philippines Latest News,Philippines Headlines
  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

A lawyer for the US Securities and Exchange Commission told a jury that a former biotech executive’s $120,000 windfall on a trade in a competing company’s stock was “like betting on a game when you know who’s going to win” because he knew the pending takeover of his firm would likely boost its rival.

SEC Tests Insider-Trading Theory at Trial of Ex-Biotech ExecutiveSenegal’s Faye Pledges to Tackle Rising Cost of Living, CorruptionAustralia’s Consumer Sentiment Drops as Rate-Cut Prospects DimAsia Traders Cautious as Wall Street Surge Stalls: Markets WrapBridgewater Says Former Executives Turned to Court for ‘Payout’Time to shift that parked RRSP contribution into drive'Like throwing money down the drain': Food waste is out as grocery prices rise and budgets tightenDale Jackson: 4 tax...

Fed likely to cut rates twice this year, economist saysCanada government spending growing twice the pace of revenueThe Daily Chase: New high for TSX – if only barelyCanada plans to cut temporary residents by 20% over three yearsCanadians receiving unemployment benefits up 18% from last yearBank of Canada sees quantitative tightening ending in 2025Saskatchewan pre-election budget pitches record spending, $273M deficitCATL to Keep Expanding in the Face of Slower EV Growth, Chairman SaysSilicon...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Insider Trading: Could concessions be made with NHL's current LTIR stance?Insider Trading: Could concessions be made with NHL's current LTIR stance?In what are the most proposed rule changes in the NHL since the reset in the league 20 years ago, coach's challenges are front and centre. TSN Hockey Insiders Chris Johnston, Pierre LeBrun and Darren Dreger have more from the GM meetings in Florida, including 3-on-3 overtime, the potential of changes to the league's LTIR position and more.
Read more »

Insider Trading: Wilson in hot water with player safetyInsider Trading: Wilson in hot water with player safetyTSN Hockey Insiders Chris Johnston and Pierre LeBrun joing host James Duthie to discuss Tom Wilson's in-person hearing for his high stick on Noah Gregor, the latest on Canada and the U.S. at the men’s worlds, a GM/coaches meeting slated for September, more details on the NHL’s Amazon show and the number of candidates for the Blue Jackets’ GM job.
Read more »

Insider Trading: What to expect at GM meetingsInsider Trading: What to expect at GM meetingsTSN Hockey Insiders Darren Dreger and Pierre LeBrun outline the topics to be discussed at the upcoming NHL GM meetings, including Department of Player Safety, LTIR, 3-on-3 OT and the coaches’ challenge.
Read more »

Thursday’s Insider Report: Chairman invests $1-million in this dividend stock with a unanimous buy call from seven analystsThursday’s Insider Report: Chairman invests $1-million in this dividend stock with a unanimous buy call from seven analystsCompanies that have experienced recent insider trading activity in the public market
Read more »

Flames trading defenceman Chris Tanev to Dallas StarsFlames trading defenceman Chris Tanev to Dallas StarsThe Calgary Flames are trading defenceman Chris Tanev to the Dallas Stars, according to a report from TSN Insider Pierre LeBrun.
Read more »

No. 12 Auburn goes wire-to-wire to beat Florida for SEC Tournament titleNo. 12 Auburn goes wire-to-wire to beat Florida for SEC Tournament titleJohni Broome scored 19 points and grabbed 11 rebounds as No. 12 Auburn won the Tigers' third Southeastern Conference Tournament championship by beating Florida 86-67 on Sunday in a game marred by a gruesome injury to Gators center Micah Handlogten.
Read more »



Render Time: 2025-08-27 11:39:43