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NJ Pharmaceutical Exec Used Insider Info To Avoid $38 Million Loss: Feds NJ Pharmaceutical Exec Used Insider Info To Avoid $38 Million Loss: Feds
NJ Pharmaceutical Exec Used Insider Info To Avoid $38 Million Loss: Feds A 54-year-old former NJ pharmaceutical executive used insider information to avoid $38 million in losses, authorities said. Dale Chappell, who currently lives in Switzerland faces charges of securities fraud and insider trading, U.S. Attorney Philip Sellinger said. Chappell was formerly the chief scientific officer and member of the board of directors of Humanigen, a publicly traded clinical-stage biopharmaceutical company with offices in Short Hill, Sellinger said. Chappell was arrested on Friday, Dec. 20 in Switzerland, Sellinger said. The United States will seek Chappell’s extr…

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by Sam Barron
News
CEO Of CrowdStrike Is NJ Billionaire George Kurtz Working To Remedy Microsoft Meltdown CEO Of CrowdStrike Is NJ Billionaire George Kurtz Working To Remedy Microsoft Meltdown
CEO Of CrowdStrike Is NJ Billionaire George Kurtz Working To Remedy Microsoft Meltdown Friday, July 19 is not a good day for George Kurtz. Kurtz is the CEO of CrowdStrike, the cybersecurity firm that appears to be responsible for the global outage that disrupted flights, stock markets, media outlets, and banks. Kurtz, 59, is also a Parsippany-Troy Hills native and graduate of Seton Hall University who according to Forbes is worth about $3.1 billion. How has Kurtz spent his morning? Assuring the world that all will soon be right again after the issue with a Falcon content update for Windows Hosts that caused the global outage. Today was not a security or cyber incident. O…

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by Cecilia Levine
News
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media A major tech outage is causing issues worldwide, including grounding flights. Banks, stock markets, and media outlets are also being affected on Friday morning, July 19. An update by cybersecurity technology company CrowdStrike appears to be the cause of device outages for millions of Microsoft Windows device users. Several major US air carriers, including Delta, United, and Spirit are under a full ground stop, according to the FAA. "Several airlines have requested FAA assistance with ground stops until the issue is resolved," the agency said. Microsoft has said it is taking "mitigation …

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by Joe Lombardi