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A Chicago federal jury Thursday found an Illinois lawyer guilty of insider trading when he invested in online education company Chegg Inc. within an hour of speaking with a college friend who worked for the company and had just gotten a preview of earnings information.
Prosecutors urged a Chicago federal jury Tuesday to convict an Illinois attorney of insider trading, saying he was a trained lawyer who willfully used inside information to make more than $110,000 investing in Chegg Inc., conspiring with a college friend who worked there.
A paramedical services provider that gathers information for life, disability and group insurance underwriting and a customer who brought a proposed class action accusing the company of sending unwanted robocalls told an Illinois federal judge Wednesday that they settled the suit.
A Chicago attorney invested in Chegg Inc. minutes after hanging up with a college friend who worked for the company and who'd just learned positive earnings information that wouldn't be public for several days, prosecutors told an Illinois federal jury on Monday.
Industrial sterilization company Sterigenics said Monday night it has agreed to pay $408 million to settle more than 870 personal lawsuits pending in Illinois state and federal courts over claims that it polluted a community for decades with ethylene oxide emissions from its now-shuttered Willowbrook plant.