Mathew Martoma’s $275 Million Insider Trading Scandal
As a hedge fund manager, Mathew Martoma traded on secret information about clinical trials in what came out to be a $275+ million profit for him.
As a hedge fund manager, Mathew Martoma traded on secret information about clinical trials in what came out to be a $275+ million profit for him.
Ivan the Terrible, as he was called, made the full use of the 80s stock market explosion and leveraged his position as an arbitrage specialist to secure many inside trades.
Enron’s CEO and CFO hid the company’s debt from investors and creditors by using special accounting methods that didn’t show up on the balance sheet.