Tip and Trade is a 2011 true crime book by Canadian author Mark Coakley, that depicts an insider trading conspiracy involving Wall Street lawyer Gil Cornblum who had worked at Sullivan & Cromwell and was working at Dorsey & Whitney, and a former lawyer, Stan Grmovsek, who were found to have gained over $10 million in illegal profits over a 14-year span. The crime was detected in 2008. Cornblum committed suicide by jumping from a bridge as he was under investigation and shortly before he was to be arrested but before criminal charges were laid against him, one day before his alleged co-conspirator Grmovsek pled guilty. Grmovsek pleaded guilty and was sentenced to 39 months in prison; this was the longest term ever imposed for insider trading in Canada.
Canada's national newspaper, The Globe and Mail , called Tip and Trade "riveting."A review by Quill & Quire was negative, stating that "the reader gets the impression that Coakley himself barely cares about his subject." Canadian Lawyer called it "compelling," and the Winnipeg Free Press called it "a helluva tale, if uneven in spots."
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 is 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.
Lynn Coady is a Canadian novelist and journalist.
The Pat Lowther Memorial Award is an annual award presented by the League of Canadian Poets to the year's best book of poetry by a Canadian woman. The award was established in 1980 to honour poet Pat Lowther, who was murdered by her husband in 1975. Each winner receives an honorarium of $1000.
The Gerald Lampert Memorial Award is made annually by the League of Canadian Poets to the best volume of poetry published by a first-time poet. It is presented in honour of poetry promoter Gerald Lampert. Each winner receives an honorarium of $1000.
The Stephen Leacock Memorial Medal for Humour, also known as the Stephen Leacock Medal for Humour or just the Leacock Medal, is an annual literary award presented for the best book of humour written in English by a Canadian writer, published or self-published in the previous year. The silver medal, designed by sculptor Emanuel Hahn, is a tribute to well-known Canadian humorist Stephen Leacock (1869–1944) and is accompanied by a cash prize of $25,000 (CAD). It is presented in the late spring or early summer each year, during a banquet ceremony in or near Leacock’s hometown of Orillia, Ontario.
Sullivan & Cromwell LLP is an American multinational law firm headquartered in New York City. Known as a white-shoe firm, Sullivan & Cromwell is recognized as a leader in business law, and is known for its impact on international affairs, such as the financing of the Panama Canal. The firm handles high profile work such as complex mergers and acquisitions, securities litigation, and white-collar defense and government investigations. It is one of the most profitable law firms in the world, with 2021 profits per partner exceeding $6 million and profits per lawyer exceeding $1.3 million.
Ann Hansen is a Canadian anarchist and former member of Direct Action, a guerrilla organization known for the 1982 bombing of a Litton Industries plant, which made components for American cruise missiles. After her arrest she was sentenced to life in prison and was released on parole after seven years. Hansen wrote of her experiences in her 2002 book, Direct Action: Memoirs of an Urban Guerrilla. She is a prison rights activist and released her book Taking the Rap: Women Doing Time for Society's Crimes in 2018.
Dorsey & Whitney LLP is an American law firm with over 500 lawyers, and a similar number of staff, located in 19 offices in the United States, Canada, Europe, and Asia. The firm's headquarters is in Minneapolis, Minnesota, where it was founded. As of 2019, Dorsey is led by managing partner William R. Stoeri. The firm's lawyers have included several prominent public figures, including former U.S. Vice President Walter Mondale. Dorsey recorded its most profitable year to date in 2019.
The Reebok insider trading case was an insider trading scheme that took place in 2004 and 2005 and involved tips from a Merrill Lynch investment banker, confidential information from Business Week and a grand juror, and trades by individuals in both the United States and Europe. The trades were largely orchestrated by David Pajčin, an ex-Goldman Sachs trader who was subsequently ordered to pay nearly $28 million in fines and judgments by the SEC.
Brian Francis is a Canadian writer. His 2004 novel Fruit was selected for inclusion in the 2009 edition of Canada Reads, where it was championed by novelist and CBC Radio One personality Jen Sookfong Lee. It finished the competition as the runner-up, making the last vote against the eventual winner, Lawrence Hill's The Book of Negroes.
The Galleon Group was one of the largest hedge fund management firms in the world, managing over $7 billion, before closing in October 2009. The firm was the center of a 2009 insider trading scandal which subsequently led to its fall.
Danila Botha is a Canadian author and novelist. She has published two short story collections, with a third to be published in 2024 and two novels, with the second to be published in 2025.
The ReLit Awards are Canadian literary prizes awarded annually to book-length works in the novel, short-story and poetry categories. Founded in 2000 by Newfoundland filmmaker and author Kenneth J. Harvey.
Mark Coakley is a Canadian writer of nonfiction. Mark was a lawyer in Hamilton, Ontario from 1998 to 2008, before becoming a full-time author. His first published book, Tip and Trade: How Two Lawyers Made Millions from Insider Trading, appeared in 2011. He has published true-crime pieces in Canada's Sharp (magazine). Coakley's next book, Hidden Harvest: The Rise and Fall of North America's Biggest Cannabis Grow-Op, was published by ECW Press on May 1, 2014; it depicts the North American illegal drug economy and a giant indoor cannabis grow-op. Coakley has signed with ECW for a third book, tentatively titled Weed World, about the global market in legal cannabis.
Half-Blood Blues is a fiction novel by Canadian writer Esi Edugyan, and first published in June 2011 by Serpent’s Tail. The book's dual narrative centers around Sidney "Sid" Griffiths, a journeyman jazz bassist. Griffiths' friend and bandmate, Hieronymus "Hiero" Falk, is caught on the wrong side of 1939 Nazi ideology and is essentially lost to history. Some of his music survives, however, and half a century later, fans of Falk discover his forgotten story.
Philip Slayton is a Canadian lawyer, academic, and author. He has published several books about law in Canada, including Lawyers Gone Bad: Money, Sex and Madness in Canada’s Legal Profession.
Valerie Compton is a Canadian writer and journalist. Compton grew up in Bangor, Prince Edward Island and studied at the University of King's College. She has lived in Edmonton, Calgary, and Rothesay, New Brunswick. Compton has been writing short fiction for over twenty years, has written one novel, writes nonfiction articles, and works as a freelance editor and mentor to emerging writers. She now lives in Halifax, Nova Scotia.
Matthew Kluger is a disbarred lawyer serving a 12-year sentence in federal prison for insider trading. The Bureau of Prisons Inmate Information website states that his expected release date is November 14, 2022. A graduate of the Hammonasset School, Cornell University, and NYU School of Law, Kluger is the son of Pulitzer Prize-winning writer Richard Kluger. Over 17 years, while a lawyer at the law firms Cravath, Swaine & Moore, Skadden, Arps, Slate, Meagher & Flom, Fried, Frank, Harris, Shriver & Jacobson, and Wilson Sonsini Goodrich & Rosati, he tipped the identity of planned corporate takeover targets, allowing confederates to reap millions in profits when the proposed takeovers were announced and the stock prices increased. His sentence, which was reportedly the longest ever imposed after a guilty plea for insider trading, was affirmed by the U.S. Court of Appeals for the Third Circuit in 2013. He explained in detail the nature of his conduct in a video interview. In 2014, he gave an extensive interview with Fortune Magazine about the details of his life in prison. His conduct was featured on an episode of the CNBC series American Greed. A motion to vacate his sentence was denied in 2018.
Emily M. Keeler is a Canadian writer and editor.
The Crime Writers of Canada Award for Best Novel is an annual literary award, presented as part of the Crime Writers of Canada Awards of Excellence program to honour books judged as the best crime novel published by a Canadian crime writer in the previous year.