A Brooklyn, New York man, who passed stock trading tips on napkins and Post-it notes at meetings in Grand Central Terminal before swallowing the evidence, has reached a civil settlement with the U.S. Securities and Exchange Commission. The SEC said on Monday Frank Tamayo was unlikely to owe a civil penalty after providing "extensive cooperation" in its investigation against his alleged accomplices, former Morgan Stanley stockbroker Vladimir Eydelman and law firm clerk Steven Metro. Tamayo, a mortgage broker, pleaded guilty last September to criminal insider trading charges over the alleged $5.6 million scheme.
TULSA, Okla. (AP) — A former volunteer sheriff's deputy in Oklahoma who says he confused his handgun and stun gun when he shot and killed an unarmed, restrained man will face a jury trial in February, a judge ruled Monday.
The world's largest retailer also cut the size of the minimum order eligible for free shipping to $35 from $50 for at least 30 days. The discount sale will offer rollback prices, or discounts, on more than 2,000 items including electronics, toys, baby and home products for three months, spokesman Bao Nguyen said. Wal-Mart's Nguyen said the company might explore extending the free shipping offer depending on the response to the sale.
Mexico mounted an all-out manhunt Sunday for its most powerful drug lord, Joaquin "El Chapo" Guzman, who authorities said escaped from a maximum security prison through a 1.5-kilometer (1 mile) tunnel from a small opening in the shower area of his cell.