Tuesday, December 22, 2009

SEC Charges Another Attorney in Insider Trading Scheme

Yesterday the SEC charged another attorney from Ropes & Gray LLP in the agency's ongoing investigation into a $20 million insider trading ring involving Wall Street traders, lawyers, and hedge fund managers. Last month the Commission charged two Ropes & Gray attorneys for tipping information, and charged 6 others in a scheme that allegedly involved $20 million dollars. More>>>