BOSTON: Federal prosecutors in Manhattan asked billionaire investor Carl Icahn's company for information about trades in crane maker Manitowoc, Icahn Enterprises disclosed in a regulatory filing on Thursday, in its first acknowledgement of such a probe.
Prosecutors in the U.S. Attorney's Office for the Southern District of New York contacted Icahn Enterprises in June 2018, the company said in the filing."We cooperated with the request and provided documents in response to the subpoena." Prosecutors in Manhattan have a history of pursuing major cases over insider trading on Wall Street, famously securing the trial conviction of hedge manager Raj Rajaratnam and a guilty plea from the hedge fund SAC Capital Advisors.Icahn sold roughly one-third of his stake in Manitowoc, which uses steel to make its equipment, between Feb. 12 and Feb. 22, 2018.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WeWork, at US$47b valuation, files for public share listing[SAN FRANCISCO] WeWork, the fast-growing office-sharing startup, said on Monday it had filed documents for a stock market listing to help fuel further expansion. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hot stock: No Signboard shares down by as much as 9.5% after CAD probes share buybackSHARES in No Signboard Holdings tumbled by as much as 9.5 per cent in the early session after the company said that the Singapore Police Force's Commercial Affairs Department (CAD) has launched an investigation over a recent share buyback. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
No Signboard shares dive on news of share buyback probeNO Signboard Holdings shares tumbled on Monday after the company said authorities were investigating a recent share buyback conducted during a trading restriction period. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Apple shares rally as new services offset slump in iPhone salesSAN FRANCISCO: Apple said on Tuesday (Apr 30) that profits in the past quarter dropped amid falling iPhone sales, but the results were above Wall ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tesla raises size of share sale, Musk to buy moreTesla Inc said on Friday its offering of 3.1 million shares was priced at US$243 per share and Chief Executive Officer Elon Musk will buy shares ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
No Signboard CEO arrested and on bail in share buyback probeSINGAPORE — Seafood restaurant operator No Signboard Holdings said its chief executive officer Lim Yong Sim was arrested on 30 April on 'reasonable suspicion' of breaching the Securities and Futures Act.
Source: YahooSG - 🏆 3. / 71 Read more »
Investigators launch probe into No Signboard's recent share buybackInvestigators have launched a probe into No Signboard Holdings' recent share buyback. The stock fell by 8.33 per cent to 7.7 cents after the probe announcement was released before markets opened. No Signboard said the Commercial Affairs Department (CAD) asked it...
Source: thenewpaper - 🏆 7. / 63 Read more »
No Signboard CEO arrested and bailed in share buyback probe; not charged for any offenceSINGAPORE - Seafood restaurant operator No Signboard Holdings said in a regulatory filing on Thursday morning (May 2) that its chief executive officer Sam Lim Yong Sim was arrested on April 30 and is on bail, although he has not been charged for any offence.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
No Signboard's CEO arrested and on bail in share buyback probe; not charged with any offenceSEAFOOD restaurant operator No Signboard Holdings said on Thursday morning that its chief executive officer Sam Lim Yong Sim was arrested on April 30 and on bail, although he has not been charged with any offence. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tesla raises size of share sale, Musk to buy moreTesla Inc said on Friday its offering of 3.1 million shares was priced at US$244.10 per share and Chief Executive Officer Elon Musk will buy ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
No Signboard CEO arrested and on bail amid probe into share buybackSINGAPORE: No Signboard Holdings said on Thursday (May 2) that its chief executive officer Lim Yong Sim was arrested earlier this week by local authorities and has been released on bail.
Source: TODAYonline - 🏆 1. / 99 Read more »