Two Illinois companies were targeted by a brazen insider trading ring. Federal authorities broke up a ring that used hackers to steal corporate press announcement from Chicago-based Boeing, Peoria-based Caterpillar, and several other companies, and then profit from that information before it became public.
Jurors said Wednesday that billionaire Mark Cuban did not commit insider-trading when he sold his shares in an Internet company in 2004 after learning of a development that would dilute the value of his investment.
A former partner in the prestigious accounting firm Deloitte and Touche has pleaded guilty to making $420,000 by trading on inside information about clients.
The former state Senator husband of former Playboy chief executive officer Christie Hefner is paying a hefty price for insider trading.