Trading repeatedly on inside information is likely to yield investigations by the SEC and the DOJ and charges by both even when steps are taken to
Another market professional apparently chose to make a bad day worse. It is bad enough to be caught up and charged with insider trading in a civil SEC
In SEC v. Teo, Case No. 12, 1168 (3rd Cir. Decided Feb. 10, 2014) the Court, in a two to one decision, considered a question regarding the
The Second Circuit Court of Appeals concluded that an Exchange Act Section 10(b) claim for insider trading in a private damage action is based on
Mary Jo White, selected by the President as the next Chairman of the SEC, testified in her confirmation hearings before a Senate Committee this week
The Commission filed a settled insider trading case against a corporate executive who traded in advance of a tender offer while in possession of
As summer draws to a close, the Commission continued its work under Dodd-Frank, issuing a staff study on financial literacy.
Many insider trading cases turn out to be “all in the family,” involving various family members who have access to, and trade on, inside information.
In the Griggs insider trading case discussed yesterday, defendant Noah Griggs, Jr. ended his career by trading in the shares of his company prior to its acquisition.
The SEC continued its war on insider trading, bringing another “family and friends” insider trading action.