Federal prosecutors charged UK national Robert B. Westbrook with hacking into Office365 accounts of executives at publicly traded companies to obtain quarterly reports and profit from stock trades, earning $3.75 million. Using the stolen information, he engaged in insider trading. Westbrook faces charges including securities fraud, wire fraud, and computer fraud, with significant potential penalties.
Wall Street’s Leaders and Laggards of 2024
2024 was a mixed year for biopharma stocks, with the iShares Biotechnology ETF and SPDR S&P Biotech ETF experiencing small decreases. Federal Reserve decisions caused
