US Edition
Wall Street JournalTuesday, 12 May 2026
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An Insider-Trading Scandal Rocks Elite M&A Law Firms
Job-hopping lawyer accessed files to tip off pending deals, prosecutors say
The paper focuses on the systemic breach of trust within top-tier corporate law, detailing the mechanics of the alleged scheme rather than sensationalising the individuals involved.
Federal prosecutors have charged an attorney with illicitly accessing buyout information while moving between prominent law firms to facilitate an insider trading scheme.
“rocks elite M&A law firms”
“Market-focused and analytical”
U.S., Iran Locked in Gray Zone Between War, Peace
Cease-fire is on ‘life support,’ Trump says, but neither side looks eager to fight for now
Analyses the diplomatic stalemate and enduring tensions, characterising the situation as a fragile, ongoing friction rather than an immediate escalation.
Jobs at OpenAI Turned Into Huge Jackpots for Employees
Highlights the massive wealth creation resulting from private secondary share sales within the leading artificial intelligence company.
Repo Men Come for Spirit’s Jets
Airline’s collapse kicked off strange recovery mission
Details the severe operational and financial distress of an airline facing aircraft repossessions.
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