Tag archive: insider trading

AMD spinoff Global Foundries has announced that former AMD head Hector Ruiz will be taking a leave of absence and then resigning as chairman of Global Foundries effective January 4, 2010. Ruiz's decision to leave Global Foundries follows his being identified last week by The Wall Street Journal as one of the sources of inside information in the Galleon hedge fund fracas, in which an “AMD executive” allegedly gave New Castle… Read More

Although the Securities and Exchange Commission (SEC) never officially makes public when it investigates an organization, an SEC staff member told NewsForge that complaints and tips about suspected under-the-table funding, stock-kiting, illegal insider trading, and money-laundering involving Microsoft or Microsoft-connected individuals to the financially struggling SCO Group have been coming into the agency with regularity since last… Read More