Insider trading is one of the most sensationalized, highly-publicized securities violations covered in the media.  It involves trading a public company’s stock or other securities in breach of a duty while in possession of material, non-public information about the company.   Over the years, several high-profile insider trading cases have captured the public’s attention and served...Read More

The U.S. Securities and Exchange Commission recently filed insider trading charges against Chicago based Kevin Crotty in connection with trading in advance of a publicly released announcement on  February 16, 2023 that BP had agreed to acquire TravelCenters of America.  This SEC insider trading enforcement action marked the second civil action the SEC has brought...Read More

The US Securities and Exchange Commission sued Andreas “Andy” Bechtolsheim, the founder of Arista Networks, Inc., alleging he engaged in illegal insider trading.  In settlement of the SEC’s enforcement action, Bechtolsheim consented to pay an approximate $1 million civil monetary penalty. Per the SEC’s federal court complaint, Bechtolsheim is alleged to have misappropriated inside information...Read More

In its seemingly endless pursuit to track down and prosecute insider traders who profit from their use of material, nonpublic information — particularly those fiduciaries who are legally entrusted with the inside information (lawyers, accountants and investment bankers, known as “Gatekeepers”) — the Securities and Exchange Commission charged an attorney for illegal insider trading based...Read More

Help from a Insider Trading Attorney While the SEC’s Enforcement Program’s priorities change over time (for example its relatively recent crackdown in the digital assets space), the one constant is its commitment to aggressively investigate and prosecute insider trading.  This is clearly evidenced by the spate of insider trading cases recently announced by the SEC....Read More

​The Securities and Exchange Commission had a very busy week, bringing several high-profile insider trading cases in a clear demonstration of its commitment to continue to aggressively investigate and prosecute illegal insider trading, including in the crypto space. In the first case, the SEC filed insider trading charges against Stephen Buyer, a former U.S. Representative...Read More

Help from a SEC Insider Trading Lawyer The Securities and Exchange Commission recently charged an individual with illegal insider trading in the securities of Mylan N.V., his former employer.  The trader made profits and avoided losses in excess of $8 million in advance of four public announcements from October 2017 through July 2019. In its...Read More

Help from a Insider Trading Defense Lawyer The Securities and Exchange Commission recently filed insider trading charges against a pair from New York for their alleged illegal tipping and trading in a drug company stock in advance of its public release of negative trial results. Per the SEC’s court allegations, Holly Hand held the position...Read More

The Securities and Exchange Commission (SEC) brought insider trading charges last week against a NFL player and a former investment banker for trading on material, non-public information in advance of company acquisitions.  The pair allegedly utilized encrypted text communications and FaceTime discussions to engage in the claimed illegal insider trading. In its civil enforcement action, the...Read More

In a high-profile enforcement action, the Securities and Exchange Commission charged Congressman Christopher Collins, his son and his son’s girlfriend’s father with illegal insider trading.  In a coordinated move, the U.S. Attorney’s Office for the Southern District of New York filed parallel criminal charges against all three arising out of the same underlying illicit securities trading. In...Read More