Lawsuit Claims Apple Misled Hundreds Of Thousands Of InvestorsApple and CEO Tim Cook knew iPhone sales were in trouble but kept it from investors, according to a new lawsuit accusing the company of securities fraud.
East Bay Man Guilty In Ross Stores $3.5M Insider Trading CaseA 54-year-old Dublin man has pleaded guilty to 10 felony charges involving insider trading using proprietary information from Pleasanton-based Ross Stores Inc. to pull in about $3.5 million.
Theranos Is Shutting Down For GoodTheranos, the Silicon Valley startup whose founder faces fraud charges, is preparing to wind down its business, according to reports.
'Pharma Bro' Tearfully Apologizes; Sentenced To 7 Years In PrisonMartin Shrkeli, the smirking "Pharma Bro" vilified for jacking up the price of a lifesaving drug, was sentenced Friday to seven years in prison for defrauding investors in two failed hedge funds.
Martin Shkreli Puts Rare $2 Million Wu-Tang Clan CD on eBay"At any time I may cancel this sale and I may even break this album in frustration." - Martin Shkreli
'Pharma Bro' Found Guilty Of Securities Fraud, Conspiracy In 3 Of 8 CountsA jury has found Martin Shkreli guilty on two counts of securities fraud and one count of conspiracy to commit securities fraud, and not guilty on five other counts.
'Pharma Bro' Shkreli Won't Stop Talking, Except To Jury In Trial"Pharma Bro" Martin Shkreli has kept up his trademark trolling on social media during his securities fraud trial — calling the case "bogus" — but the jury won't hear him defend himself in court.
Dublin Man Charged With Securities Fraud Over Alleged Ross Stores Insider TradingA Dublin financial analyst was arrested and brought to federal court in Oakland on Wednesday on charges of an insider trading securities fraud that allegedly generated $8.2 million in illegal profits.
Investment Adviser Pleads Guilty To Facebook Stock FraudA Florida investment adviser has pleaded guilty in a $13 million securities fraud scheme that prosecutors say capitalized on enthusiasm for Facebook shares.
Petaluma Man Accused In $20 Million Ponzi Scheme Delays Entering PleaThe Sonoma County District Attorney’s Office and California Attorney General Kamala Harris filed a 164-count complaint Thursday against a Petaluma man suspected of stealing $20 million from dozens of investors in an alleged securities fraud Ponzi scheme.
Petaluma Man Arrested In Multimillion Dollar Ponzi SchemeA Petaluma man who allegedly stole more than $20 million from dozens of investors in a Ponzi scheme has been arrested, Attorney General Kamala Harris and Sonoma County District Attorney Jill Ravitch announced Tuesday.