Articles Tagged with securities fraud

Guilty Plea in $13M Facebook, Groupon Securities and Wire Fraud Case October 2, 2012 Updated: October 2, 2012 by Joel Zand

A former Chairman of the the Advisory Board of a professional mutual fund pleaded guilty today in federal court to a series of charges in a $13 million conspiracy to defraud in investors by falsely claiming that Praetorian Global Fund Ltd. privately owned pre-IPO Facebook and Groupon stock before each…

Google, Polycom, & Marvell: Indicted Silicon Valley Hedge Fund Manager’s Insider Trading Charges List February 11, 2012 Updated: February 11, 2012 by Joel Zand

Doug Whitman, the head portfolio manager at Whitman Capital, LLC, was indicted by a New York federal grand jury on insider trading and criminal securities fraud charges (read the indictment below). The indictment alleges that in 2006 and 2007, Whitman's firm made $900,000 in illegal profits by trading Google and…