Month: May 2017

The Commission brought an enforcement action, in conjunction with the Manhattan U.S. Attorney’s Office, charging Robert Murray with conducting a fake tender offer using fake news. The purpose was to manipulate the share price of Fitbit, Inc. It worked – …

FAKE NEWS, FAKE TENDER OFFER, YIELDS SEC, DOJ CHARGES Read More »

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The Commission settled its hotly contested insider trading case against well-known hedge fund manager, Leon Cooperman. SEC v. Cooperman (E.D. Pa. Filed Sept. 21, 2016). Under the terms of the settlement Mr. Cooperman consented, without admitting or denying, to the …

SEC, Cooperman Settle Insider Trading Claims Read More »

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