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Boston-area amateur golfer found guilty of insider trading
2015-06-17 13:27:35| Electronics - Topix.net
A Boston-area amateur golfer was convicted on Tuesday of engaging in insider trading by tipping off friends about the business activities of American Superconductor Corp. Eric McPhail, 41, was found guilty by a federal jury in Boston on conspiracy and securities fraud charges following a seven-day jury trial, prosecutors said. The case proceeded to trial after a federal judge refused to dismiss the charges in light of a recent appellate ruling that narrowed the reach of insider trading laws.
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Former BP exec found not guilty on one charge
2015-06-06 04:16:05| Oil & Gas - Topix.net
Five years after the Deepwater Horizon disaster, a former executive of BP PLC has been found not guilty of making false statements to investigators in connection with the subsequent oil spill, the Associated Press reports . David Rainey , a former vice president of exploration for London-based BP, had a charge of obstructing a congressional investigation dismissed earlier this week, the AP reports.
Satyam's Raju Found Guilty of Fraud
2015-04-09 10:35:35| IT Services - Topix.net
BANGALORE, India-An Indian court on Thursday pronounced the founder of Satyam Computer Services guilty of fraud and other charges in connection to a $1-billion-plus accounting scandal that destroyed his company and tarnished the reputation of corporate India six years ago.
Defendants found guilty in Indy Land Bank bribery
2015-03-19 01:12:21| Chemicals - Topix.net
A federal jury on Wednesday found former city employee Reggie Walton guilty of several counts after a two-week trial. Defendants found guilty in Indy Land Bank bribery A federal jury on Wednesday found former city employee Reggie Walton guilty of several counts after a two-week trial.
10 People Found Not Guilty in Flood Wall Street Protest
2015-03-06 20:58:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: You probably remember the polar bear getting arrested in the Flood Wall Street protest in September the day after the historic Peoples Climate March. Several thousand people took to the street in the Financial District to identify and protest against Wall Streets central role in fueling climate destruction. At the end of the day, 102 people were arrested for sitting in the street at the intersection of Broadway and Wall. Ten of the arrestees subsequently decided to fight their charges in court....
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