The Martha Stewart insider trading saga finally ended on August 7. According to the SEC’s release, Ms. Stewart entered into a consent degree pursuant to which she is enjoined from future violations of the antifraud provisions, ordered to disgorge the …
Stewart Consent Decree Leaves Key Insider Trading Questions in Flux Read More »
When three former Merrill Lynch executives were convicted late last year of conspiracy and wire fraud based on a barge parking deal undertaken, according to the government, to help Enron meet its earnings expectations and thus falsify its financial statements …
Prosecutorial overreach: Convictions of ML executives in Enron barge deal are reversed Read More »