Hedge Fund and Insider Trading News: Mark Nordlicht, Alec Litowitz, Highbridge Capital Management, Cornerstone Building Brands Inc (CNR), Middlesex Water Company (MSEX), and More

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Billionaire Hedge Fund Manager Accused Of Creating Illegal Parking Space For Himself (WCBS880.radio.com)
NEW YORK (WCBS 880) — A billionaire hedge fund manager is driving his neighbors crazy by refusing to allow anyone to park outside his West Village mansion. As first reported by the Daily News, burly security guards wave away anyone who tries to park in front of Noam Gottesman‘s mansion on the corner of Washington and Jane streets, where there is a curb cut resembling a driveway. But neighbors say there’s no driveway and no garage. Eyal Levin, who had his car ticketed and towed in May for parking in the spot, claims Gottesman is using threats and intimidation to keep the spot open.

Tuesday 7/9 Insider Buying Report: CNR, YTEN (Nasdaq.com)
On Monday, Cornerstone Building Brands’ EVP, CFO, Jeffrey S. Lee, made a $468,061 purchase of CNR, buying 80,000 shares at a cost of $5.85 each. Cornerstone Building Brands is trading up about 5.5% on the day Tuesday. This purchase marks the first one filed by Lee in the past twelve months. And at Yield10 Bioscience, there was insider buying on Friday, by CEO Oliver P. Peoples who bought 10,000 shares at a cost of $0.88 each, for a trade totaling $8,800. Yield10 Bioscience is trading up about 3.3% on the day Tuesday.

CMA Penalizes Insider Traders Aly Khan Satchu, 2 Others Over Illegal Trade of 59m Shares (NairobiWire)
The Capital Markets Authority has recorded a major win in the fight against rampant financial crimes after punishing stock market traders for insider trading for the first since the law came into effect. In addition to taking firm action against the three traders – Aly Khan Satchu, Kunal Kamlesh, and Andre Desimone – CMA has recouped millions in fines and gains made by the stockbroking agents in the illegal trade of Kenol Kobil shares.

The VP, HR of Middlesex Water Company (NASDAQ: MSEX) is Selling Shares (Analyst Ratings)
Today, the VP, HR of Middlesex Water Company (MSEX), Lorrie Beth Ginegaw, sold shares of MSEX for $39.96K. Following Lorrie Beth Ginegaw’s last MSEX Sell transaction on March 20, 2019, the stock climbed by 5.2%. In addition to Lorrie Beth Ginegaw, one other MSEX executive reported Sell trades in the last month.

Insider Dealing: A Deep Insight (FT.lk)
In Sri Lanka, the securities market is one main forum of commercial existence. In the recent past the regulation of these markets has become imperative. In order to bring such irregularities into the spotlight, this article will provide a specific segment of such market abuse which is left non-probed by the relevant authorities in this country. Hence, it will be based on the concept of ‘insider dealing’. Insider dealing (used interchangeably with insider trading) is a concept that has evolved several years ago and been implemented in various jurisdictions, whereas in Sri Lanka a lack of monitoring and enforcement is the crucial problem.

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