Ex-Morgan Stanley advisor charged with defrauding NBA players out of $13 million

Ex-Morgan Stanley advisor charged with defrauding NBA players out of million

Key Points

Darryl Cohen, a former Morgan Stanley fiscal advisor, was arrested and billed for allegedly defrauding many present-day and previous NBA gamers.
Cohen is dealing with three unique federal counts of fraud, which could quantity to 20 several years in prison if convicted.
The Securities and Trade Commission also billed Cohen.

Supply

Finance

Stocks making the biggest moves after hours: CrowdStrike, American Eagle Outfitters, Marvell Technology, GitLab and more

December 2, 2025

Check out the companies making headlines in after-hours trading. Pure Storage — Shares of the data management and storage company plunged nearly 9% after Pure Storage reported third-quarter adjusted earnings of 58 cents per share that matched consensus expectations, according to LSEG. The company posted revenue for the period of $964.5 million, up 16% year-over-year, […]

Finance

Stocks making the biggest moves midday: Maplebear, Boeing, Credo Technology, XPO, MongoDB & more

December 2, 2025

Check out the companies making the biggest moves midday: Maplebear — The parent company of Instacart fell nearly 4% after Amazon said it’s testing “ultra-fast” delivery of groceries in Seattle and Philadelphia. These deliveries take about 30 minutes or less, said Amazon. Boeing — The aerospace giant rose 8% after winning a $104.4 million U.S. […]

Finance

Stocks making the biggest moves premarket: MongoDB, Strategy, Signet Jewelers, Credo and more

December 2, 2025

Check out the companies making the biggest moves in premarket trading: MongoDB — Shares of the developer data platform soared 24% following strong third-quarter results. Adjusted earnings were $1.32 per share on revenue of $628 million, compared to earnings of 80 cents per share on $592 million in revenue expected by analysts polled by LSEG. […]