Aug 5 2011 | 1:13pm ET
The Securities and Exchange Commission and former McKinsey & Co. chief Rajat Gupta have agreed to something of a ceasefire.
The regulator has agreed to drop the administrative proceedings it brought against Gupta for insider-trading—Gupta allegedly served as one of Galleon Group founder Raj Rajaratnam's sources of confidential tips—and, in exchange, Gupta has agreed to drop his lawsuit against the SEC seeking to force it to sue him, rather than bring him before an administrative law judge.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…