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Hedge fund insider trading verdicts thrown out


A federal appeals court threw out the guilty verdicts of two hedge fund managers central to Manhattan U.S. Attorney Preet Bharara’s investigation of insider trading, ruling jury instructions tainted their verdicts and imperiling other cases brought in his multiyear probe.

What will be hot for 2015 IPOs ?

Calendar Close Up

Thanks in part to a massive $25 billion offering by China's Alibaba Group , the U.S. is on track for its biggest IPO year since the technology bubble in 2000. With another Alibaba-sized deal unlikely, what will drive the market next year?.

Madoff aide sentenced to six years in prison

Prison Bars

Annette Bongiorno, who joined Bernard Madoff’s investment firm straight out of high school and spent four decades in his employment, much of it as his office manager, was sentenced to six years in prison on Tuesday.