Ex-Federal Reserve Bank Examiner Pleads Guilty to Insider Trades [Yahoo! Finance]
Flagstar Financial, Inc. (FLG)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg Paris to Replace Parking Spaces With Trees New York's Transit Agency Approves $9 Congestion Toll Trump Promises Could Have Seismic Impact on Washington Economy In Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited Lift NY Congestion Pricing Survived a Pause. Here's What Could Kill It Robert Thompson, 43, admitted on Tuesday in federal court in Richmond that he made the illegal trades and lied to the Federal Reserve by denying he owned shares of publicly traded financial institutions, the US Justice Department said in a statement. He is scheduled to be sentenced on March 19. Prosecutors charged Thompson this month with making about $771,678 in profit from 69 illegal trades in more than seven financial institutions. The banks weren't identified by prosecutors, but a separate US Securities and Exchange Commission lawsuit filed Nov. 8 against Thompson identified at least two of them as New York Community Bancorp and Capital One Financial Co
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News
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