The U. S. Securities and Exchange Commission (SEC) recently sued Gabriel Rebeiz, a university professor of  electrical engineering and a private technical consultant, with insider trading. The SEC complaint was filed in the United States District Court for the Southern District of California, and alleges Rebeiz violated a key anti-fraud provision of the federal securities...Read More

The U. S. Securities and Exchange Commission (SEC) filed civil charges against David Cooper, a securities brokerage firm registered representative, John Lowe Jr., Randy Grewal, and Richard Ringel, three securities traders, and their companies, for engaging in a long-running illegal inside trading scheme.  The illegal insider trading scheme, as alleged by the SEC, involved a...Read More

The U.S. Securities and Exchange Commission (SEC) obtained a final judgment in an enforcement case it filed over eighteen months ago against Amit Dagar, a former Pfizer Inc. employee, and his close friend and business partner, Atul Bhiwapurkar, for engaging in alleged illegal insider by capitalizing on material, non-public information concerning Pfizer’s Covid-19 treatment. The Final...Read More

With over two decades of experience defending SEC insider trading investigations, and having conducted insider trading investigations when I served as Senior Counsel in the SEC’s Enforcement Division for several years, contact me if you’re facing an SEC insider trading inquiry and are looking for strategic guidance designed to avoid being charged.   My analysis of...Read More

The United States Securities and Exchange Commission has charged Carlos Sacanell for allegedly utilizing material nonpublic information to illegally trade on Oak Street Health, Inc. (Oak Street) in advance of an announcement that CVS Health Corporation, Inc. (CVS) had agreed to acquire it.  Filed in the U.S. District Court for the Eastern District of Pennsylvania,...Read More

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