Showing posts with label Insider Trading. Show all posts
Showing posts with label Insider Trading. Show all posts
Insider trading at KPMG?
KPMG Fires a Senior Partner in an Insider Trading Episode - NYTimes.com:
"KPMG said late Monday night it had fired a senior partner in its Los Angeles office after learning that he had provided inside information to an unnamed individual “who then used that information in stock trades involving several West Coast companies.”"
It seems that the company involved was Herbalife:
Again from NY
SEC sues over Heinz option trading before buyout - Yahoo! Finance
SEC sues over Heinz option trading before buyout - Yahoo! Finance:
"The suit, in federal court in Manhattan, cites "highly suspicious trading" in Heinz call options just prior to the February 14 announcement of the deal. The regulator has frequently in past filed suit against unnamed individuals where it has evidence of wrongdoing, but is still trying to uncover the identities of those involved
Sucker Alert? Insider Selling Surges After Dow 14,000 - Yahoo Finance
Sucker Alert? Insider Selling Surges After Dow 14,000 - Yahoo Finance:
"Insiders are waving the cautionary flag in an increasingly aggressive manner."
There have been more than nine insider sales for every one buy over the past week among NYSE stocks, according to Vickers. The last time executives sold their company's stock this aggressively was in early 2012, just before the S&P 500 (^GSPC)
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