A federal jury in Manhattan on Friday found legendary gambler William “Billy” Walters guilty on 10 criminal charges related to insider trading, dealing a significant blow to a figure who had long eluded the clutches of the government. The nearly four-week trial of Mr. Walters, 70 years old, examined accusations that he earned illegal profits and avoided losses of more than $40 million over six years through tips about Dean Foods Co....
Source: Wall Street Journal April 07, 2017 19:04 UTC