The first case against a [tag]NSYE specialist firm[/tag] trader was aqutted of charges that he made improper trades of Eli Lilly stock. The case against Robert Scavone Jr. ended with a finding of [tag]not guilty[/tag] for one count of secruities fraud. He faced up to 20 years in prison. The accusations against Scavone, a former … Read more U.S. Loses First NYSE Case
A federal court has posted online 1,202 exhibits from the Zacarias Moussaoui trial. The exhibits include photographs, recorded phone calls, hijacker motel receipts, and surveillance videotapes of the hijackers passing through airport security from September 11, 2001. 18 of the exhibits were marked “discretion advised” because of the graphic content.
Two former outside directors and the former CEO of Brooks Automation Inc. signed a document that allowed the CEO to exercise an [tag]expired stock option[/tag], which netted him millions of dollars. The option was to expire in August 1999, and CEO Robert Therrien supposedly exercised it only two days before the deadline. Company officials now … Read more False options document nets former CEO millions