David R. Chase, P.A.
Call Us Now: 800-760-0912
Call Us Now: 800-760-0912
Under investigation by the SEC for insider trading in Virginia? If so, you need skilled legal counsel immediately. The U.S. Securities and Exchange Commission (SEC) and Department of Justice (DOJ) both, often in parallel, aggressively pursue insider trading violations, often using sophisticated data analytics, whistleblower tips, and trading surveillance to build cases. The SEC has always prioritized illegal insider trading as a key enforcement priority and, under the current SEC Chairman, Paul Atkins, it appears this will not change. Notably, once you learn you’re under scrutiny, typically through a direct call from SEC attorneys or the receipt of a SEC Subpoena, the government may have already built a case against you.
David R. Chase, Esq., a nationally recognized SEC defense attorney and former SEC prosecutor, offers strategic legal representation for individuals under insider trading investigation in white-collar matters. Based in South Florida, Mr. Chase defends clients throughout the United States, including across Virginia, from Northern Virginia and Richmond to Norfolk, Great Falls, McLean, Vienna, Fairfax and beyond.
Insider trading occurs when one purchases or sells a security based on material, nonpublic information (MNPI) in breach of a duty of trust or confidence. It can involve corporate insiders, such as pharmaceutical executives, data analysts, engineers, doctors, or employees, or anyone who improperly obtains and trades on confidential information whether through professional, personal, or casual connections.
Under the securities laws, there are two theories of insider trading:
Occurs when a corporate insider trades on MNPI or tips someone else who then trades in breach of a fiduciary duty.
Applies when someone (like a consultant, attorney, or advisor) lawfully comes into possession of MNPI but then misuses by trading on it for personal gain in breach of a duty of confidentiality or fiduciary duty.
Virginia’s close proximity to Washington, D.C., along with its highly developed economy, makes it a focal point for SEC scrutiny. The state is home to major publicly traded companies in sectors like defense, cybersecurity, healthcare, real estate, and finance. Areas such as Tysons Corner, Arlington, Reston, and Richmond host executives, analysts, consultants, and legal professionals who may have access to sensitive corporate information.
With the SEC’s headquarters nearby and increasing reliance on advanced surveillance tools, unusual trading activity linked to Virginia professionals (especially around key corporate events like mergers or earnings announcements) can quickly prompt an investigation.
If you’re part of Virginia’s business or investment community and suspect you’re under SEC scrutiny, it’s crucial to speak with an experienced Virginia insider trading lawyer as soon as possible to understand the investigatory process and the consequences potentially involved.
Insider trading cases are built on layers of circumstantial evidence: timing of trades, relationships, phone calls, emails, and trading patterns. Defending against these charges requires a deep understanding of SEC enforcement practices and federal securities law.
David R. Chase brings both. As a former SEC enforcement attorney, he knows how the government builds its cases and thus how to dismantle them with precision and strategy. His practice is exclusively focused on defending clients against SEC, FINRA and DOJ investigations.
If you’ve received a subpoena or Wells Notice from the SEC or target letter from the DOJ, or suspect you’re being investigated, you should be extremely wary of speaking with Government investigators without the benefit of legal counsel. Even cooperative, “innocent” conversations can result in statements used against you later.
David R. Chase can help you:
Early legal intervention by an experienced SEC defense attorney may mean the difference between walking away unscathed or being charged for fraud.
If you’re facing insider trading allegations or an SEC investigation in Virginia, don’t delay. Protect your legal and financial interests by consulting a proven Virginia insider trading lawyer.
Call David R. Chase, Esq. at 800-760-0912 for a free, confidential consultation. You may also visit www.securitiesfrauddefense.net.
