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Posts tagged "civil lawsuits"

Wells Fargo investment banker accused of insider trading conspirac

A New York-based investment banker for Wells Fargo Securities and nine others have been civilly charged by the Securities and Exchange Commission with insider trading, after it was allegedly discovered that he was passing confidential information to a "phone tree" of his friends and their friends.

Microsoft takes on 'prosecutor' duties, targets online crime

It may surprise readers to learn that in a recent police raid of a Pennsylvania office building, attorneys and technical support employees of Microsoft were on hand to take part. While the raid was led by U.S. marshals and authorized by a search warrant issued by a federal judge, it was at the behest of Microsoft, which in recent years has taken an aggressive approach toward those it accuses of operating botnets, or computer networks that use viruses to steal personal information from people's home computers.

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