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Insider Trading

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New TV Show Puts Spotlight On Former CT Resident Martha Stewart: 'Original Influencer' New TV Show Puts Spotlight On Former CT Resident Martha Stewart: 'Original Influencer'
New TV Show Puts Spotlight On Former CT Resident Martha Stewart: 'Original Influencer' An upcoming limited series is set to highlight the many facets of iconic homemaker and lifelong area resident Martha Stewart and explore the story behind her success.  A new four-part CNN Original Series, "The Many Lives of Martha Stewart," is set to air over two consecutive weekends, beginning with two episodes on Sunday, Jan. 28 at 9 p.m. and 10 p.m., and ending with the last two installments on Sunday, Feb. 4 at 9 p.m. and 10 p.m.  The show will explore the story of Stewart's life, including her time as a young stockbroker in the 1960s, a caterer at a Connecticut farmhouse, a s…

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by Ben Crnic
News
$30M Insider Trading Case: New England Police Chief Profited From Merger Info, Feds Say $30M Insider Trading Case: New England Police Chief Profited From Merger Info, Feds Say
$30M Insider Trading Case: New England Police Chief Profited From Merger Info, Feds Say Four men from New York and Massachusetts, including a police chief, are accused of making millions of dollars through an insider trading scheme involving one pharmaceutical company’s acquisition of another. The case, announced by the US Attorney’s Office in the Southern District of New York on Thursday, June 29, is one of four separate insider trading cases that reportedly generated a combined $30 million for those involved. Named in the case are: Shawn Cronin, age 43, of Dighton in Bristol County, Massachusetts and chief of the Dighton Police Department Joseph Dupont, age 44, of Rehoboth…

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by Michael Mashburn
News
Bed Bath & Beyond Exec Faced $1.2B Insider Trading Lawsuit When He Jumped To His Death: Report Bed Bath & Beyond Exec Faced $1.2B Insider Trading Lawsuit When He Jumped To His Death: Report
Bed Bath & Beyond Exec Faced $1.2B Insider Trading Lawsuit When He Jumped To His Death: Report An executive at Bed Bath & Beyond who jumped 18 stories to his death at the so-called "Jenga" tower in New York City where he lived on Friday, Sept. 2 was facing a $1.2 billion insider trading lawsuit, according to a new report. Gustavo Arnal, age 52, was the company's executive vice president and chief financial officer. Arnal was among several defendants named in a complaint alleging a "pump-and-dump" stock fraud scheme, the Daily Mail first reported. Bed Bath & Beyond, the lead defendant, allegedly made a “materially false and misleading statement” in a Securities and Exchange …

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by Joe Lombardi
News
Bed Bath & Beyond Exec ID’d As Man Who Jumped To His Death From 18th Floor Of Manhattan Tower Bed Bath & Beyond Exec ID’d As Man Who Jumped To His Death From 18th Floor Of Manhattan Tower
Bed Bath & Beyond Exec ID’d As Man Who Jumped To His Death From 18th Floor Of Manhattan Tower Updated story: Bed Bath & Beyond Exec Faced $1.2B Insider Trading Lawsuit When He Jumped To His Death: Report An executive at Bed Bath & Beyond has been identified as the man who jumped 18 stories to his death at the so-called "Jenga" tower in New York City on Friday, Sept. 2, according to multiple reports. Gustavo Arnal, age 52, was the company's executive vice president and chief financial officer. Calls reporting a jumper came around 12:30 p.m. from the 60-story building's location in lower Manhattan's Tribeca neighborhood at 56 Leonard Street near Church Street, a…

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by Joe Lombardi
News
Trio Accused Of Insider Trader After Rebranded Company's Stock Surged Trio Accused Of Insider Trader After Rebranded Company's Stock Surged
Trio Accused Of Insider Trader After Rebranded Company's Stock Surged The Securities and Exchange Commission has charged three people with insider trading on allegations they bought shares of a New York company before its announcement it would "pivot" to a surprise name change and new business model. Eric Watson, an undisclosed control person of Long Island-based Long Blockchain, drove the business change during the 2017 crypto craze and tipped off his friend and broker, Oliver Barret-Lindsay, according to the SEC's complaint, filed in the United States District Court for the Southern District of New York on Friday, July 9. Long Blockchain, based in…

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by Joe Lombardi
Business
COVID-19: NY AG Accuses Kodak CEO Of Unlawful Insider Trading During Pandemic COVID-19: NY AG Accuses Kodak CEO Of Unlawful Insider Trading During Pandemic
Covid-19: NY AG Accuses Kodak CEO Of Unlawful Insider Trading During Pandemic New York Attorney General Letitia James has Kodak CEO Jim Continenza in her crosshairs as she targets the business giant for allegedly profiting from the COVID-19 pandemic. James announced that her investigation into Continenza, the CEO of the Eastman Kodak Company, led to the filing of a petition✎ EditSign with the New York County State Supreme Court to have Continenza publicly testify about his purchase of more than 46,000 shares of Kodak stock early last summer and the company's subsequent false statements about that trading to investors last month. It is alleged that the Kodak CEO …

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by Zak Failla