Insider trading is the trading of a public company's stock or other securities based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information are illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime.
Brocade was an American technology company specializing in storage networking products, now a subsidiary of Broadcom Inc. The company is known for its Fibre Channel storage networking products and technology. Prior to the acquisition, the company expanded into adjacent markets including a wide range of IP/Ethernet hardware and software products. Offerings included routers and network switches for data center, campus and carrier environments, IP storage network fabrics; Network Functions Virtualization (NFV) and software-defined networking (SDN) markets such as a commercial edition of the OpenDaylight Project controller; and network management software that spans physical and virtual devices.
Michael Richard Lynch is a British technology entrepreneur, known as the co-founder of Autonomy Corporation and the founder of Invoke Capital. Lynch additionally became a co-founder, alongside Invoke Capital, of cybersecurity company Darktrace. He has also had various other roles, including those in an advisory capacity.
The trial of Kenneth Lay, former chairman and CEO of Enron, and Jeffrey Skilling, former CEO and COO, was presided over by federal district court Judge Sim Lake in the Southern District of Texas in 2006 in response to the Enron scandal.
Operation Backfire is a multi-agency criminal investigation, led by the Federal Bureau of Investigation (FBI), into destructive acts in the name of animal rights and environmental causes in the United States described as eco-terrorism by the FBI. The operation resulted in convictions and imprisonment of a number of people, many of whom were members of the Animal Liberation Front and Earth Liberation Front.
The Green Scare is legal action by the US government against the radical environmental movement, that occurred mostly in the 2000s. It alludes to the Red Scares, periods of fear over communist infiltration of US society.
The Federation Against Copyright Theft (FACT) is a British organisation established in 1983 to protect and represent the interests of its members' intellectual property (IP). FACT also investigates fraud and cybercrime, and provides global due diligence services to support citizenship investment and trade, business, financial and legal compliance.
Gregory Reyes is an American businessman who most recently served as the chief executive officer (CEO) for Brocade Communications. He is the first person to have been convicted for fraudulent backdating of corporate stock options.
Fibrecity Holdings was formerly owned by i3 Group and was acquired in a Management buyout in January 2011 by CityFibre Holdings Ltd following the collapse of FibreCity's principal lender Total Asset Finance.
The history of email spam reaches back to the mid-1990s when commercial use of the internet first became possible - and marketers and publicists began to test what was possible.
Ernest E. Newton is an American politician in Bridgeport, Connecticut. Newton served for seventeen years in the Connecticut General Assembly, serving in the Connecticut House of Representatives from 1988 to 2003 and in the Connecticut State Senate from 2003 to 2006. He pleaded guilty to federal felony corruption charges in September 2005 and served several years in federal prison. Newton was released in February 2010 and in 2012 unsuccessfully attempted a political comeback, losing in the primary in a race for his old state Senate seat. He pleaded guilty to three campaign finance violations in 2019, relating to his 2012 legislative campaign.
Full Channel, Inc. was an American pay television and telecommunications provider set in Rhode Island. At the time of its acquisition by CountryWide Broadband it was the third-largest cable television and Internet service provider in the state. Its wired communications network was available to the approximately 50,000 residents of Bristol County, Rhode Island. Full Channel's main office was at 57 Everett Street in Warren, Rhode Island, U.S.
David McCourt is an Irish-American entrepreneur with experience within the telecom and cable television industries. He was an early contributor to the development of transatlantic fiber networks and has founded or bought over 20 companies in nine countries.
Corruption in Illinois has been a problem from the earliest history of the state. Electoral fraud in Illinois pre-dates the territory's admission to the Union in 1818. Illinois had the third most federal criminal convictions for public corruption between 1976 and 2012, behind New York and California. A study published by the University of Illinois Chicago in 2022 ranked Illinois as the second most corrupt state in the nation, with 4 out of the last 11 governors serving time in prison.
Salim Mehajer is an Australian convicted criminal, property developer and former deputy mayor of Auburn City Council. In March 2018, Mehajer was declared bankrupt and in April 2018 was found guilty of electoral fraud, and sentenced to 21 months in prison with a non-parole period of 11 months. In April 2021, he was sentenced to 2 years and 3 months for lying to court.
United States v. Elizabeth A. Holmes, et al., was a United States federal criminal fraud case against the founder of now-defunct corporation Theranos, Elizabeth Holmes, and its former president and COO, Ramesh Balwani. The case alleged that Holmes and Balwani perpetrated multi-million dollar wire-fraud schemes against investors and patients. Holmes and Balwani each had their own jury trial.
