David Li, a former Dow Jones board member, has reached a tentative agreement with the SEC to pay $8 million to settle allegations of insider trading during last year’s takeover by News Corp., the Financial Times reports Monday.
“Since Dow Jones is now part of News Corp, Mr Li does not currently sit on any US board but he absolutely refused to agree to any ban.
“Contacted by the Financial Times, Mr Li declined to comment on the matter. An SEC spokesman also declined to comment.”
Read more here.
The U.S. ambassador to the United Nations has lambasted Russia over its continued detention of…
Wall Street Journal editor in chief Emma Tucker sent out the following on Thursday: Today we announced…
Clare Malone of The New York writes about Hunterbrook, which is using reporting from journalists to…
The Hollywood Reporter awards editor Tyler Coates is leaving the news organization. His last day will be…
Laura Purkess has been promoted to consumer features editor at The Sun. She will maintain…
Pat Ferrier, senior business reporter at the Coloradoan in Fort Collins, is retiring after 23…