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R Foster Winans

NEWS
December 16, 1986 | DAVID G. SAVAGE, Times Staff Writer
In a case that could more clearly define what is illegal "insider" information on the stock market, the Supreme Court said Monday it will hear the appeal of a former Wall Street Journal reporter convicted of stock fraud for giving several stockbrokers advance tips on items that would appear in his newspaper column. The attorneys for R.
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NEWS
November 16, 1987 | Associated Press
The Supreme Court, in a case with important but uncertain impact on press freedom and insider trading enforcement on Wall Street, upheld the criminal convictions today of a former newspaper reporter and two others who profited from stocks he was writing about. By an 8-0 vote, the court upheld federal mail and wire fraud convictions against former Wall Street Journal reporter R. Foster Winans and two co-defendants.
BOOKS
May 25, 1986 | Thomas B. Rosenstiel, Rosenstiel covers media for The Times
The Wall Street Journal's current advertising campaign hawks the newspaper as "The daily diary of the American Dream." The slogan might aptly describe the newspaper's history as well. Begun in 1882 as a service to rush bits of news called "flimsies" around Wall Street, Dow Jones & Co.
BUSINESS
November 24, 1987 | From Reuters
Maxus Energy, an oil and gas producer, Monday sued former top stock speculator Ivan F. Boesky and the investment banking firm Kidder, Peabody & Co., for alleged insider trading that boosted the price of a 1983 acquisition. The lawsuit alleges that Martin A. Siegel, who was a vice president of Kidder Peabody at the time, leaked non-public information to Boesky about the planned takeover of Natomas Co. by Maxus, then known as Diamond Shamrock.
OPINION
March 12, 2004 | R. Foster Winans
Like Martha Stewart, I broke an essential clause of the social contract -- trust -- when I was caught by the Securities and Exchange Commission in a highly publicized insider trading scandal 20 years ago while a columnist for the Wall Street Journal. Like Martha, I betrayed my colleagues, ruined my reputation, left a good deal of wreckage in my wake and earned myself a stretch in federal prison. Like me, Martha faces a monumental task in trying to redeem herself.
BUSINESS
January 29, 1985 | MICHAEL A. HILTZIK, Times Staff Writer
Ex-stockbroker Peter N. Brant, the government's key witness in the stock-fraud trial of former Wall Street Journal reporter R. Foster Winans and two other men, testified Monday that he had no inkling that there was anything illegal about their scheme to profit from advance notice of Journal articles until it was uncovered.
BUSINESS
September 8, 1988 | SCOT J. PALTROW, Times Staff Writer
Since Gary G. Lynch took over as director of enforcement at the Securities and Exchange Commission, the SEC has brought by far the biggest cases it has ever undertaken. Some say Lynch, now 38, simply happened to get the job at the right time. Securities lawyers said insider trading on Wall Street had become so flagrant and was being carried out by such big players that cases against individuals such as Dennis B. Levine and Ivan F. Boesky were inevitable.
BUSINESS
January 22, 1987 | MICHAEL A. HILTZIK, Times Staff Writer
A federal grand jury Wednesday returned a long-awaited indictment against former society lawyer David W. C. Clark, an alleged participant in an insider trading scheme involving advance notice of Wall Street Journal articles. The 55-count indictment also charges that Clark, 37, embezzled more than $3.7 million from clients of his Park Avenue law firm and evaded federal taxes on the sum in 1980, 1981 and 1982.
BUSINESS
July 30, 1988 | PAUL RICHTER, Times Staff Writer
The government may face a tough job building a case against those who have profited from advance information on what was being published in a stock column in Business Week magazine, securities law experts say.
BUSINESS
July 22, 1988 | SCOT J. PALTROW, Times Staff Writer
Business Week magazine said Thursday that it was conducting an internal investigation to determine whether unusual trading in certain stocks during the past several weeks was based on a leak of what would appear in the weekly magazine's "Inside Wall Street" column.
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