investigation

SEC has investigation of possible insider trading on Schneider-Telvent buy


The US Securities and Exchange Commission has an inquiry into suspected insider trading on the NASDAQ-listed Telvent ahead of the announcement of the purchase agreement by Schneider Electric. Persons unknown made trading profits of up to 480%, $475,000 on 1200 call options in the days just before the announcement.

TOLLROADSnews 2011-06-10

Criminal probe reported into corruption at Penn Pike


Morning Call, the major newspaper of northeast Pennsylvania frontpages a report today that there's a major criminal investigation into corruption at the Pennsylvania Turnpike Commission.

Illinois Tollway said to be subject of corruption probe over service plaza contracts


The Chicago press has run occasional reports over the past three years of federal prosecutors investigating corruption at the Illinois Tollway in connection with vendor contracts at their service plazas or 'oases' as they call them. This morning the thing went national with the Wall Street Journal in an editorial piece headed "The Chicago Boys":

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