Posts tagged insider-trading 
Zynga hit with insider trading lawsuit as execs cash out before crash
Zynga has been hit with the first of five expected lawsuits alleging a handful of top executives and investors engaged in insider trading – including CEO Marc Pincus and Google. Following Zynga's IPO in December, employees and investors were "locked up," unable to sell their shares until May ...
EA files trademark application for 'Prison Kings'
EA has filed two trademark applications for "Prison Kings," one filing for an "online computer game" and the other for "downloadable computer-game software." This can mean only one of two things: EA holds stock in the American prison system and is building a new game based on the hard-knock life ...
Former Midway execs subpoenaed over company sale
Looks like the long arm of the law finally caught up to the Redstones, as Sumner and his daughter Shari have both been subpoenaed by the U.S. Bankruptcy Court, District of Massachusetts, regarding Sumner selling his stake in Midway to Mark Thomas. Both of the Redstones must appear in a New York co...
Midway creditors upset by possible insider dealing
Midway's bankruptcy proceeding has gotten even more dramatic, as accusations of fraudulent insider deals enter the mix. The full story gets very complicated, but the main issue involves the relationship between former Midway owner Sumner Redstone and the relatively unknown Mark Thomas, whom the bi...
