Linklaters suspends lawyer linked to insider trading
Linklaters suspends lawyer linked to insider trading
Researching crime doesn't pay for scientist accused of insider trading
14 July, 2017, 16:40
In the case of 31-year-old MIT research scientist Fei Yen, his Google searches and subsequent trading led authorities to arrest him.
Authorities said Wednesday that Fei Yan was charged with earning $120,000 in illegal profits from secrets stemming from two corporate mergers a year ago. He was freed on $500,000 bail after appearing in a Boston court. His assistant public defender did not immediately comment.
"We will continue to cooperate fully with the authorities on this matter, and the relevant associate has been suspended, pending further investigation, without access to the firm's systems and confidential information", Linklaters said in a statement.
"Armed with confidential information about a corporate acquisition his spouse was working on, Yan allegedly traded on that information over and over again during a three-week period", said USA attorney Joon Kim. It also worked with Sibanye Gold Limited of South Africa, which announced its acquisition of Stillwater in December of past year.
Real Madrid confirms Ceballos signing Ceballos, 23, made his Betis debut in 2014 and two years ago signed a new contract util 2020. And Ceballos is the latest join, following Theo Hernandez.
Prosecutors allege Yan viewed various articles on the internet, including "Want to Commit Insider?"
According to prosecutors [PDF] this week, the evidence against Yan includes multiple search engine queries made from his work PC on "how sec detect unusual trade" and "insider trading with worldwide account", as well as visits to multiple webpages on the subject, including one titled "Want to commit insider trading?" The SEC had flagged Yan's trades as suspicious.
The complaints allege that Yan opened an account in his mother's name at a brokerage firm in June 2016 to use for trading purposes.
Following his arrest in Massachusetts, Yan was charged with securities fraud and wire fraud.
The phone runs on the Android 7.1 Nougat OS, and is powered by a Snapdragon 625 processor along with an Adreno 506 GPU. Sprint is offering the KEYOne for an easy installment of $22 each month for 18 months, notes The Verge .
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As a part of this latest update, now if users send more than five pics at once, then WhatsApp will now save it in the gallery. So, while typing text in a chat, one can tap and hold to select the text to easily bold, strikethrough , or italicise it.
It is a "dangerous tendency that the security of the assembly has been breached when the House is in session", he said. Personnel of the Provincial Armed Constabulary will be deployed for the security of the assembly and secretariat.
This is what President Duterte seeks to prevent and avoid and the very reason for his declaration of martial law in Mindanao. Twenty-three percent agreed, while 13 percent were undecided about the matter.
The carrier will be called easyJetEurope and the headquarters are set to be in Austrian capital Vienna, according to Sky News . Around 30% of easyJet passengers are flying on routes between and within the EU27, not touching the UK.
States could set up a state-run single-payer system or use the money to offset the cost of private health insurance, he said. States would also be able to add the newly eligible Medicaid population to coverage under the block grant funding option.
The Directorate of Medical Education will soon come up with the Tamil Nadu NEET rank List 2017 with names of qualified aspirants. The "Reservation of state candidates " point was also mentioned in the broachers of various state govt medical colleges.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . The financial services provider reported $1.00 EPS for the quarter, topping the Zacks' consensus estimate of $0.97 by $0.03.
Sheela Sathyanarayana, associate professor of pediatrics at the University of Washington in Seattle, who studies phthalates. As per a report in the New York Times , the researchers tested 30 cheese products, and found phthalates in 29 of them.
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Luxury phone-maker Vertu collapses
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GLP sold to Chinese bidder for $16b
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Hazardous weather outlook issued for thunderstorms
Highs on Friday will be around 71 with a chance of showers, with thunderstorms possible after 3 p.m., NWS says. A chance of showers and thunderstorms will linger overnight, along with mostly cloudy skies.
FIR against AIB for 'meme on PM Modi'
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Area under heat advisory
More comfortable weather arrives on Friday night as a cold front moves through the area and delivers cooler temperatures. Drink plenty of fluids, stay in an air-conditioned room, stay out of the sun and check up on relatives and neighbors.
Xiaomi Redmi 5 with Snapdragon 630 and 4GB RAM leaked
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