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Top corporate attorneys charged with profiting millions through long-term insider trading enter not guilty pleas.

Top corporate attorneys charged with profiting millions through long-term insider trading enter not guilty pleas.

Fifteen Lawyers Plead Not Guilty to Insider Trading Charges On Monday, fifteen individuals, including several attorneys from prominent law firms, entered not guilty pleas to federal charges related to an insider trading scheme that allegedly spanned a decade. The scheme involved sharing information about roughly 30 ongoing mergers. Among those presenting their cases in Boston’s […]

Top corporate lawyers face allegations of profiting millions from insider trading with odd phrases like, ‘How’s the rabbi?’

Top corporate lawyers face allegations of profiting millions from insider trading with odd phrases like, 'How's the rabbi?'

A group of high-profile corporate lawyers stands accused of using odd code names like “rabbis” to refer to certain mergers, while engaging in insider trading regarding major deals for over a decade, reportedly earning millions in the process. Federal prosecutors have provided this information. Nicolo Nurafchan, who once worked as a mergers and acquisitions attorney […]

Apple selects insider John Ternus to take over as CEO from Tim Cook.

Apple selects insider John Ternus to take over as CEO from Tim Cook.

Tim Cook will resign as Apple’s CEO effective September 1, a surprising announcement made by the tech company on Monday afternoon. At 65 years old, Cook will take on the role of executive chairman, while John Tarnas, age 50 and currently head of hardware, will assume the CEO position. Apple stated that this leadership change […]