Hedge Fund and Insider Trading News: Jim Simons, Steve Eisman, Elliott Management, Prentice Capital, ServisFirst Bancshares, Inc. (SFBS), and More

Insider-Trading Suspect El-Khouri Denied Bail by London Judge (Bloomberg)
A securities trader facing extradition on U.S. insider-trading charges was denied bail by a London judge. Joseph El-Khouri, who is allegedly part of a broader insider-trading conspiracy, was deemed a flight risk by Judge Susan Bouch at a hearing Monday. The 52-year-old El-Khouri holds dual Lebanese-British citizenship. El-Khouri is one of six people indicted by the U.S. in related cases over the past 10 days. He allegedly played a “key role” in a “sophisticated” plot to trade on market-sensitive information in 2015, personally making $2 million, Robert Jansen, a U.K. prosecutor acting on behalf the U.S., told the court.

The CFO, EVP of ServisFirst Bancshares (NASDAQ: SFBS) is Selling Shares (Analyst Ratings)
Today, the CFO, EVP of ServisFirst Bancshares (SFBS), William Foshee, sold shares of SFBS for $69.26K. In addition to William Foshee, one other SFBS executive reported Sell trades in the last month. Based on ServisFirst Bancshares’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $107 million and quarterly net profit of $37.56 million.

Former Apple Lawyer Tasked With Blocking Insider Trading Indicted on Charges of Insider Trading (Gizmodo.co.uk)
A former top lawyer at Apple, who was responsible for ensuring that employees weren’t involved in insider trading, has been indicted on charges of insider trading, reports a press release from the U.S. attorney for the District of New Jersey. According to the indictment, the former director of corporate law at Apple, Gene Levoff, allegedly participated in a scheme from 2011 to 2016 in which he defrauded Apple by using insider company financial information to make stock trades.

The CEO of Cel-Sci Corp (CVM) is Buying Shares (SmarterAnalyst.com)
Today, the CEO of Cel-Sci Corp (CVM), Geert Kersten, bought shares of CVM for $24.99K. Following Geert Kersten’s last CVM Buy transaction on June 13, 2018, the stock climbed by 4.1%. The Company has a Price to Book ratio of 205.3492. The company has a one-year high of $9.93 and a one-year low of $2.37. Currently, Cel-Sci Corp has an average volume of 723.80K.