Fri Feb 20, 2015/Reuters A former director of sales for U.S. chipmaker Qualcomm Inc (QCOM.O) pleaded guilty in San Diego on Thursday to insider trading, officials said. Derek Cohen, 52, admitted that he netted about $200,000 from a series of stock and options trades made after learning that the company […]
Frauds & Scandals
Exclusive: EU regulators likely to probe deeper into GE, Alstom deal – sources
Wed Feb 18, 2015/Reuters General Electric’s 12.4-billion-euro ($14.08 billion) bid for Alstom’s (ALSO.PA) power equipment business is likely to face a full-scale investigation by EU antitrust regulators, three people familiar with the matter said on Wednesday. The move by the European Commission suggests that the EU watchdog may have concerns […]
SEC Suspends Elyon Asset Mgt for Market Infraction
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) on Wednesday announced it has suspended Elyon Asset Management Limited, its directors and sponsored individuals from all capital market activities for breach of extant capital market rules and regulations. “The suspension shall remain in force until further notice,” SEC said on […]
