The 39-year-old Mathew Martoma is embroiled in what prosecutors have called the most lucrative insider trading episode in U.S. history. Martoma, who worked in SAC Capital Advisors' CR Intrinsic Investors division, is accused of using confidential information to trade stocks of the drug's developers, Elan Corp Plc and Wyeth, currently owned by Pfizer Inc.
Credit Suisse Group AG the Abu Dhabi Investment Council's arbitration steps to recoup a total of $35 million in funds it loaned to Golomt Bank LLC showed a glimpse of the latter's dubious dealings, which partly repelled foreign investors from making further investments in mineral-rich Mongolia.
The Fair Elections Act will be introduced by the Canadian government, which will contain amendments to the country's existing elections law, will empower law enforcement and ensure Canadians of their democratic rights to elect rightful people in office, said Minister of State Pierre Poilievre.
Neiman Marcus and Target executives assured members of the US Senate Judiciary Committee that due diligence has been exerted in confirming the latest data breaches they have encountered prior to informing its customers about it. US Sen. Diane Feinstein has challenged her peers to draft requirements regarding companies informing their clients the soonest that an indication of a data breach has been seen.
