Sino options

Sino-Forest CEO Allen Chan and CFO David Horsley received stock options that were backdated or mispriced in violation of Toronto Stock Exchange rules, according to an investor lawsuit.

Jail time

Former Galleon Group hedge fund trader Craig Drimal, who took part in an insider-trading scheme that stretched from technology companies to pharmaceutical concerns, was sentenced to 5 1/2 years in prison.

ETrade leads

ETrade Financial gained the most in the S&P 500 Index, adding 7.3 percent to $12.35 after Macquarie Group raised its third-quarter earnings estimate for the online brokerage.

Star power

Jeffrey Gundlach’s DoubleLine Total Return Bond Fund set a record for the fastest-growing actively managed mutual fund in the US by attracting $10 billion in assets in 16 months.

FT walks

The Financial Times has pulled its iPad and iPhone apps from Apple’s App Store after losing a battle to keep control of customer data.