February 14, 2023
A Manhattan federal judge hit a computer expert with 28 months in prison Tuesday for his $4.8 million "trespass and burgle" insider-trading scheme, in which he accessed The Motley Fool's stock picks ahead of publication and traded on price fluctuations they generated.
November 16, 2022
The U.S. Securities and Exchange Commission said Wednesday that it has resolved its claims against an Idaho man accused of hacking investment site The Motley Fool to perpetrate a multimillion-dollar insider trading scheme, a settlement that follows his plea deal with prosecutors in a related criminal case.
May 03, 2022
An Idaho man gained unauthorized early access to trading advice on the investing website The Motley Fool to perpetrate a roughly $12.6 million insider trading scheme, the U.S. Justice Department and the U.S. Securities and Exchange Commission said Tuesday.