insider-trading - Sports News, Headlines & Highlights

Billionaire Mets owner Steve Cohen takes bath on GameStop stock, then cleanses himself of TwitterEveryone loves Steve Cohen, the new owner of the Mets who tweets with fans and is willing to spend money to put a winning team on the field!...

Browns Cut Mychal Kendricks Following Federal Insider Trading ChargesThat was quick. The Cleveland Browns officially released linebacker Mychal Kendricks tonight after he was indicted on federal insider trading charges earlier in the day. GM John Dorsey said in a statement that the team knew Kendricks was part of an investigation before he was signed, but only as a v...

Browns Linebacker Mychal Kendricks Charged With Insider TradingFederal authorities have charged former Eagles and current Browns linebacker Mychal Kendricks with insider trading. According to charging documents released by the government today, Kendricks made $1.2 million from illegal trades that were based on tips given to him by former investment banker Damil...

Phil Mickelson Named In Insider Trading Complaint

Golfer Phil Mickelson was named today in an insider complaint by the U.S. Securities and Exchange Commission, two years after an investigation was first reported. The SEC alleges that Mickelson profited $931,000 from non-public information after buying and selling stock in the Dean Foods company....

FanDuel Told Employees Not To Win Too Much Money On DraftKings Or People Would Get Suspicious

In early October, DraftKings and FanDuel banned their employees from playing daily fantasy on competitors’s sites. These new policies came in the midst of a torrent of negative publicity, after DraftKings employee Ethan Haskell accidentally leaked company lineup data on the same weekend that he won ...

Phil Mickelson Investigated For Insider Trading

Update, June 11: The New York Times rows it back a little:...

Mark Cuban cleared: A federal jury in Texas today acquitted Mavericks owner Mark Cuban of insider trading. The charges were related to Cuban's 2004 sale of $7.9 million in stock in an internet company. There was no "Fuck You" legal brief this time. [Reuters]...

Baseball Hall of Famer Eddie Murray agreed to pay more than $350,000 to settle federal charges of insider trading....