October 28, 1995 |
Influential stock market commentator Dan Dorfman took a leave of absence Friday from Money magazine after a report that federal prosecutors were looking into his relationship with a stock promoter. BusinessWeek magazine, citing anonymous sources it described as close to the inquiry, said Thursday that Dorfman and stock promoter Donald Kessler are being investigated for activities including insider trading, wire and mail fraud and other violations of securities law.
December 4, 1996 |
Dan Dorfman, the controversial stock market columnist and TV commentator who was fired from his job at Money magazine early this year, has found a new forum. Financial World magazine said Tuesday it has hired Dorfman to write a monthly column beginning with its February issue. Dorfman has not appeared on the CNBC network since suffering a stroke in May. "I'm very gung-ho about the opportunity to once again contribute to a top business publication," Dorfman said in a statement.
August 15, 1989 |
The Securities and Exchange Commission is investigating whether USA Today business columnist Dan Dorfman may have been used to manipulate the prices of stocks he has written about, a news magazine reported Monday. The reported investigation focuses on whether Centaur Partners, a Maryland-based investment partnership that has established small initial positions in several prominent companies, may be manipulating the stocks of those companies, U.S. News & World Report said in its latest edition.
October 27, 1995 |
The relationship between influential stock market reporter Dan Dorfman and a stock promoter has drawn scrutiny from federal prosecutors, BusinessWeek reported Thursday. The magazine, citing anonymous sources it described as close to the inquiry, said Dorfman and stock promoter Donald Kessler are under investigation for activities that include insider trading, wire and mail fraud and other violations of securities law.
May 10, 1996 |
Dan Dorfman, the controversial business journalist whose reports appear on the CNBC cable network, has suffered a mild stroke, the business network said Thursday. CNBC said Dorfman was taken ill Tuesday afternoon and has been hospitalized but that his prognosis is excellent and he is expected to recover fully. In a statement, the network quoted the 64-year-old commentator as saying he is "alert, mobile and feeling very well." "He sounded fine.
November 2, 1995 |
Money magazine Managing Editor Frank Lalli wrote a column in April in which he chastised rival Smart Money magazine for allowing one of its writers to tout stocks in which he had a personal stake. Lalli said he acted because of "the public's growing cynicism about how financial journalists approach their work," including what they decide to report and whether they have conflicts of interest that the public should know about.