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| Stock Price Messages for CRIS April '06 |
| CRIS - 2.28 (-0.04) |
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Open price:2.30 High price:2.32 Low price:2.27 Last price:2.28 Volume:167084 Trade date: Mon, 10 Apr 2006 16:00:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| CRIS - 2.20 (-0.08) |
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Open price:2.30 High price:2.31 Low price:2.16 Last price:2.20 Volume:439248 Trade date: Tue, 11 Apr 2006 16:00:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| CRIS - 2.19 (-0.01) |
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Today:
Open price:2.21 High price:2.21 Low price:2.19 Last price:2.19 Volume:46383 Trade date: Wed, 12 Apr 2006 10:36:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| CRIS - 2.20 (0.00) |
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Open price:2.21 High price:2.28 Low price:2.19 Last price:2.20 Volume:266294 Trade date: Wed, 12 Apr 2006 14:50:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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hedgehog
Site Admin
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At the same time that Plotkin and Pajcin were trading on the Merrill Lynch deal it is alleged that Plotkin and Pajcin engaged in a second scheme to gain inside information from Business Week magazine. According to the complaint, Plotkin and Pajcin bribed two employees of a printing plant where Business Week was produced, Juan Renteria and Nickolaus Shuster. Renteria and Shuster provided Plotkin and Pajcin with the names of stocks favorably mentioned in Business Week's "Inside Wall Street" column one trading day before the column was available to the public. As a result, Plotkin and Pajcin traded in approximately 20 different stocks one day before the favorable review of those stocks was mentioned in Business Week. Plotkin and Pajcin then sold the "Inside Wall Street" stocks, after the "Inside Wall Street" article had become public and the article influenced the stock prices of the stocks mentioned in the column. As a result of the insider trading based on the information from "Inside Wall Street" prior to its public release, Plotkin, Pajcin and others earned at least $340,000 in illicit gains. The trading in stocks based on inside information from pre-publication copies of Business Week included the following according to the complaint:
Stock in Column (Symbol) Date of Publication The Street.com Nov. 18, 2004 Biolase Technology, Inc. Nov. 18, 2004 Curis, Inc. Dec. 2, 2004 SIPEX Corporation Dec. 9, 2004 Alltel Corp., Inc. Dec. 16, 2004 Cornell Corrections, Inc. Jan. 6, 2005 Spectrum Pharm., Inc. Jan. 13, 2005 Arbitron, Inc. Jan. 20, 2005 IMAX Corporation Feb. 3, 2005 Impax Labs, Inc. March 3, 2005 PriceSmart, Inc. June 9, 2005 Perficient, Inc. June 9, 2005 Casual Male Retail Group, Inc. June 16, 2005 Federal Express Corp. June 16, 2005 Alaska Communications Systems June 16, 2005 Energy Conversion Devices June 23, 2005 Mikohn Gaming Corp. June 30, 2005 Polycom, Inc. July 7, 2005 Spectrum Pharm., Inc. July 14, 2005 Symbol Technologies, Inc. July 28, 2005 Insider Trading Fund Established: In order to further their schemes, according to the complaint, Plotkin and Pajcin pooled their money together in order to create an insider trading fund to be used for their various schemes on the agreement that they would share in the illicit profits generated by their insider trading. Plotkin and Pajcin plotted in various other ways to find additional sources of inside information by, for example, helping other individuals get jobs at investment banks in the hopes that these individuals would later misappropriate inside information gained in the course of their employment. Inside Information Passed on to Tippees in Europe andOthers in U.S., Including Plotkin Family Member: According to the complaint, in order to enhance their combined profits, Plotkin and Pajcin tipped other individuals, including a family member of Plotkin's, on the agreement that a share of the profits made by the tippees would be paid to Plotkin and Pajcin. Two of the tippees are located in Germany, where Pajcin traveled to meet with them in both 2004 and 2005. A review of the trading accounts of the foreign tippees and the Plotkin family member reveal that the tippees traded in securities ahead of the Merrill Lynch deal information provided by Shpigelman and the "Inside Wall Street" information provided by Renteria and Shuster. Plotkin, 26, resides in Rockland County, N.Y. Shpigelman, 23, resides in Brooklyn, N. Y. Plotkin and Shpigelman will be presented in Manhattan federal court today. Renteria, 20, lives in Wisconsin, and was arrested there today. As a result of the various charges in the complaint, Plotkin faces a maximum penalty of 70 years in prison. Shpigelman faces a maximum penalty of 55 years in prison, and Renteria faces a maximum penalty of 15 years in prison. The SEC, also today, separately announced the filing of civil insider trading charges against Shpigelman , Plotkin, Renteria and others. The SEC originally sued Pajcin and others in August 2005, and obtained an order freezing more than $6 million in illicit trading proceeds around the world. Garcia, a member of the President's Corporate Fraud Task Force, praised the efforts of the FBI and the SEC for their handling of this investigation. Garcia also noted that the investigation is continuing. Assistant United States Attorney Benjamin M. Lawsky is in charge of the prosecution. The charges contained in the complaint are merely accusations, and the defendants are presumed innocent unless and until proven guilty. http://www.usnewswire.com/ Read the first part of the article here link |
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| CRIS - 2.18 (-0.02) |
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Today:
Open price:2.21 High price:2.28 Low price:2.18 Last price:2.18 Volume:403824 Trade date: Wed, 12 Apr 2006 15:59:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| CRIS - 2.13 (-0.05) |
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Open price:2.17 High price:2.26 Low price:2.09 Last price:2.13 Volume:1368805 Trade date: Thu, 13 Apr 2006 15:59:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| CRIS - 2.13 (-0.05) |
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Today:
Open price:2.17 High price:2.26 Low price:2.09 Last price:2.13 Volume:1368805 Trade date: Thu, 13 Apr 2006 15:59:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| CRIS - 2.11 (-0.02) |
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Today:
Open price:2.14 High price:2.17 Low price:2.09 Last price:2.11 Volume:175306 Trade date: Mon, 17 Apr 2006 14:33:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| CRIS - 2.12 (-0.02) |
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Today:
Open price:2.15 High price:2.15 Low price:2.11 Last price:2.12 Volume:241815 Trade date: Tue, 18 Apr 2006 16:00:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| CRIS - 2.11 (-0.01) |
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Today:
Open price:2.12 High price:2.16 Low price:2.07 Last price:2.11 Volume:316285 Trade date: Wed, 19 Apr 2006 16:00:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| CRIS - 2.11 (-0.01) |
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Today:
Open price:2.12 High price:2.16 Low price:2.07 Last price:2.11 Volume:316285 Trade date: Wed, 19 Apr 2006 16:00:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| CRIS - 2.08 (-0.03) |
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Today:
Open price:2.10 High price:2.15 Low price:2.07 Last price:2.08 Volume:147380 Trade date: Thu, 20 Apr 2006 15:59:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| CRIS - 1.96 (-0.12) |
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Today:
Open price:2.07 High price:2.10 Low price:1.90 Last price:1.96 Volume:818181 Trade date: Fri, 21 Apr 2006 16:00:00 -0600 Delayed data gathered from finance.yahoo.com. Read more... |
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| Stock Price Messages for CRIS April '06 |
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