A former pharmaceutical executive and his cousin pleaded guilty on Wednesday to insider trading in Eastman Kodak, based on tips that the company was arranging a surprise $765 million loan from the Trump administration to make drug ingredients. Andrew Stiles and Gray Stiles each admitted to one count of securities fraud at a hearing before U.S. District Judge Ronnie Abrams in Manhattan. Both defendants were accused of buying Kodak shares in anticipation of the U.S. International Development Finance Corp loan to the former photography giant, and selling them after the loan was announced on July 28, 2020.
Washington, D.C., March 29, 2024 (GLOBE NEWSWIRE) The New Civil Liberties Alliance has filed a petition with the U.S. Court of Appeals for the Ninth Circuit to review the Securities and Exchange Commission's denial
If the amount is approved by the court and Hild's conviction survives his appeal, the restitution would be owed to four lenders and the bankruptcy estate of his former company.
EXCLUSIVE: Joe Biden was allegedly considering joining the board of a joint venture created by Hunter Biden and his business associates with ties to the Chinese Communist Party after he left the vice presidency. Joe Biden's involvement would bring "political access in the United States and around the world," a former business associate of the