insider trading

Moderna, based in Cambridge, Mass., has reached phase three trials for its coronavirus vaccine. At the same time, its executives have sold tens of millions of dollars worth of stock, which has led to intense criticism of the company.

'Bad Optics' Or Something More? Moderna Executives' Stock Sales Raise Concerns

11:35am September 04, 2020

by Tom Dreisbach

Moderna is currently developing a promising, yet still unproven, vaccine against the coronavirus. But Moderna executives have already sold tens of millions of dollars worth of stock in the company.

Retired NFL player Jack Brewer, seen here in 2015, has been sued by the Securities And Exchange Commission for alleged insider trading. Brewer is a prominent supporter of Donald Trump's reelection campaign and is set to speak at the Republican National Co

Politics & Government

RNC Speaker Facing Federal Charges Of Insider Trading

10:31pm August 25, 2020

by Tom Dreisbach

Earlier this month, Jack Brewer, a former NFL player and a supporter of President Trump's reelection, was charged with insider trading. Now, he's set to speak at the Republican National Convention.

U.S. Rep. Chris Collins, R-N.Y., is expected to change his plea to guilty in a federal case involving insider trading charges.

Politics & Government

GOP Rep. Chris Collins Resigns Ahead Of Reported Guilty Plea On Insider Trading

4:55pm September 30, 2019

by Deirdre Walsh

New York Republican Rep. Chris Collins, the first GOP lawmaker to endorse President Trump in the 2016 election, submitted his resignation letter to House Speaker Nancy Pelosi's office.

The SEC has accused a former Apple executive of using advance information about the company's finances to sell off stock and avoid losses. Here, stock numbers for Apple are displayed on a screen at the Nasdaq MarketSite in Times Square last month in New Y

National

Former Apple Executive Accused Of Insider Trading By SEC

5:47pm February 13, 2019

by Laurel Wamsley

The agency says Gene Levoff used prior knowledge of earnings to buy and sell millions of dollars in Apple stock, even as he was responsible for overseeing compliance with rules on insider trading.

Rep. Chris Collins, R-N.Y., walks out of a New York courthouse on Aug. 8 after being charged with insider trading. Collins suspended his congressional campaign after the indictment but has decided to resume his re-election bid.

Indicted Congressman Reverses Course, Says He Will Campaign For Re-Election

6:54pm September 19, 2018

by Dave Debo

Rep. Chris Collins was indicted on insider trading charges in August and suspended his campaign. Now he is running again, saying "the stakes are too high" to allow a Democrat to win.

Rep. Chris Collins delivers a speech at the Republican National Convention in 2016 in Cleveland. Collins was the first sitting member of Congress to endorse Donald Trump's presidential bid.

Politics & Government

New York Congressman Pleads Not Guilty To Insider Trading Charges

8:18pm August 08, 2018

by Scott Horsley

Rep. Chris Collins was charged with securities fraud along with his son and another man. Collins is accused of passing inside stock information to his son, who used it to make favorable trades.

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President-elect Donald Trump attends a meeting at Mar-a-Lago, in Palm Beach, Fla., on Wednesday.

Trump's Businesses Could Be Tripped Up By A 2012 Insider Trading Law

7:56am December 22, 2016

by Jim Zarroli

The STOCK Act bars presidents and members of Congress from trading securities based on the kind of insider information they routinely have access to.

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A banner for State Farm insurance in in D`Iberville, Miss., tells property owners the number to call after Hurricane Katrina hit in 2005.

National

Supreme Court Upholds Hurricane Katrina Fraud Verdict Against State Farm

4:06pm December 06, 2016

by Nina Totenberg

After the storm hit in 2005, the insurance company ordered claims adjusters to misclassify wind damage as flood damage to shift liability to the U.S. government and spare State Farm's coffers.

Golfer Phil Mickelson Is Named In Insider Trading Case

7:29pm May 19, 2016

by Jim Zarroli

U.S. officials say the former chairman of Dean Foods passed inside information to famed gambler Billy Walters, who then tipped off Mickelson. The SEC wants Mickelson to turn over $931,000.

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National

Insider Trading Charges Dropped Against Former SAC Official, Six Others

7:06pm October 22, 2015

by Jim Zarroli

An appeals court ruling last year raised the bar for proving insider cases.