Wednesday, 1 April 2015
Last updated 8 hours ago
Jan 5 2011 | 9:43am ET
Three of the seven people charged in Justice Department’s wide-ranging insider-trading probe had their bail terms upheld in their first appearances in Manhattan federal court.
U.S. Magistrate Judge James Francis continued all three defendants’ bond conditions. The three men, James Fleishman, Mark Longoria and Walter Shimoon, were arrested last month and released by judges in California and Texas. The conspiracy and fraud charges against the three were transferred to Manhattan federal court.
Fleishman was a salesman at expert network firm Primary Global Research, and the other two men were consultants for the firm. All seven of those arrested in the case—one has already pleaded guilty—were associated with Primary Global.
Fleishman, Longoria and Shimoon have yet to enter pleas. Each faces up to 20 years in prison if convicted.
Fleishman is free on $700,000 bond, Shimoon on $150,000 and Longoria on $50,000.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…