Ex-Netflix Employees Accused of $3.1 Million Insider Trading Scheme

2021-08-19 13:18:01

WASHINGTON -- Three former Netflix software engineers and two close associates have been charged with generating over $3 million in profits by trading on confidential information about Netflix's subscriber growth, the Securities and Exchange Commission announced Wednesday. According to a... Read More

Finance

Democrats Seek Insider Trading Probe After ‘Trump Chaos’ Article

2019-10-22 15:03:53

by Democrats Seek Insider Trading Probe After ‘Trump Chaos’ Article

WASHINGTON — Democratic lawmakers are increasingly demanding that U.S. authorities investigate allegations raised in a recent magazine article that traders might be using nonpublic government information to reap huge illegal profits, even as the exchange where the transactions purportedly took... Read More