An acquisition involving Oracle and Sun Microsystems generated an $11.4 million profit from insider trading in 2009.
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The Dumbest Insider-Trading Imaginable
This video discusses a case of insider trading involving Congressman Chris Collins and his son, detailing how they allegedly used non-public information about a biopharmaceutical company's clinical trial results to avoid significant stock market losses. The narrative highlights the mechanics of the alleged scheme, including communication methods and the timing of trades before a trading halt.
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Intel's acquisition of DSP Communications for $1.6 billion in 1999 resulted in over a million dollars in profit from insider trading.
Johnson and Johnson was mentioned as a client whose merger with Neutrogena was used for insider trading.
United Health was involved in a merger where an airplane mechanic overheard details about the acquisition of USMD and tipped off others.
Informatica was the subject of insider trading when a spouse overheard that the company would miss its quarterly revenue target.
Huitt Associates' merger with AON Corporation was mentioned as a potential insider trading scenario.
AON Corporation's merger with Huitt Associates was mentioned as a potential insider trading scenario.
Stillwater Mining was the subject of insider trading via call options related to a takeover by Sibet Gold.
Decker's Outdoor was mentioned as the subject of an insider trading tip that allegedly generated illegal profits.
Pacific Capitals' stock saw a significant increase following a merger announcement, enabling profitable insider trades.