A federal judge has ruled that the SEC could substitute the executor for the estate of Charles Wyly Jr. in an insider trading case against the now-deceased billionaire
Limited partnerships that delegate voting and investment control over their securities portfolios to their general partners’ agents are still considered insiders for purposes of insider trading liability, the 2nd U.S. Circuit Court of Appeals has ruled.
The SEC has filed fraud and insider trading charges against three former executives of WellCare Health Plans, including its ex-general counsel, alleging they improperly retained more than $40 million in health care premiums that should have been spent on services for low-income participants or returned to state agencies.
The SEC has filed fraud and insider trading charges against three former executives of WellCare Health Plans, including its ex-general counsel, alleging they improperly retained more than $40 million in health care premiums that should have been spent on services for low-income participants or returned to state agencies.
The SEC has filed fraud and insider trading charges against three former executives of WellCare Health Plans, including its ex-general counsel, alleging they improperly retained more than $40 million in health care premiums that should have been spent on services for low-income participants or returned to state agencies.