UPDATE: Rengan Rajaratnam acquitted on insider conspiracy count
Tom Melsheimer of Fish & Richardson Named 2014 Dallas Bar Association Trial Lawyer of the Year
Steve Eisman Wound Down Emrys Partners Hedge Fund at End of June -- Sources
Eisman Wound Down Hedge Fund
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Among recent actions taken by the SEC and FINRA were the breakup of an insider trading ring; Raymond James getting fined and censured; and proceedings over securities law violations by the Big Four accounting firms' China affiliates.
The hedge fund advisory firm Level Global Investors has agreed to pay more than $21.5 million to settle charges that its co-founder and analyst engaged in repeated insider trading of Dell and Nvidia stock.
Rajarengan “Rengan” Rajaratnam was charged by the SEC Thursday for his role in the massive Galleon insider trading scheme.
BlackRock disputes the allegations and is defending the manager.