David R. Chase, P.A.
Call Us Now: 800-760-0912
Call Us Now: 800-760-0912
If you have just received a SEC Subpoena in an insider trading investigation in Delaware, you need to act quickly and decisively to secure experienced and knowledgeable SEC defense counsel. The U.S. Securities and Exchange Commission (SEC) has historically targeted insider trading and under the current Trump Administration the trend will likely continue. The SEC typically relies upon market surveillance tools, whistleblower tips, and trading analytics to identify suspicious trading and to build its cases, often before you even know you’re a target.
David R. Chase, Esq., a former SEC prosecutor and nationally recognized SEC defense attorney, represents individuals under investigation for insider trading throughout the United States, including Delaware. With decades of defense experience and a practice focused on securities enforcement defense, Mr. Chase offers strategic representation tailored to each client’s unique circumstances.
What Is Insider Trading?
Insider trading takes place when an individual buys or sells securities based on material, nonpublic information (MNPI) obtained through a breach of trust or fiduciary duty. The law prohibits both direct trading on insider information and “tipping” others who then trade.
When corporate insiders (e.g., executives, board members, employees) use MNPI to trade their company’s securities or tip someone else who trades.
When someone (such as an advisor, consultant, or attorney) uses confidential information lawfully acquired through a trusted relationship for personal gain in securities trading in breach of a duty.
Insider trading violations, which violate the anti-fraud provisions of the federal securities laws, can result in both civil enforcement by the SEC and criminal prosecution by the Department of Justice (DOJ), with potential consequences including:
As the legal and corporate home of more than half of all publicly traded U.S. companies, Delaware holds a unique position in the financial and business landscape. While the state may not be a traditional financial center like New York or Chicago, its Court of Chancery, business-friendly statutes, and incorporation laws make it a central hub for corporate governance.
Executives, board members, and legal professionals tied to Delaware-incorporated companies often have access to highly sensitive corporate information. As a result, the SEC closely monitors trading activities associated with these companies, especially around key events like mergers and acquisitions, quarterly earnings announcements, and material news released by publicly traded companies.
If you are a Delaware corporate insider, or a professional working with Delaware-incorporated businesses, and have received an SEC subpoena, now is the time to consult an experienced Delaware insider trading lawyer. Don’t go at it alone.
Insider trading investigations are high-stakes and legally complex. The SEC typically builds these cases over months or years, often using call logs, trading records, personal relationships, and circumstantial timelines to build its enforcement cases. Your choice of legal representation can make the difference between being charged or walking away.
David R. Chase is uniquely qualified to defend these cases, having previously served in the SEC’s Enforcement Division as a Senior Counsel where he investigated and prosecuted securities law violations, including insider trading.
If you receive a subpoena from the SEC, it’s critical to speak with a qualified SEC defense attorney before responding. Even innocent or offhand remarks can be used against you later.
David Chase will:
The earlier you involve an experienced insider trading defense lawyer, the better your chance of securing a favorable outcome.
If you are under SEC investigation or facing insider trading allegations in Delaware, don’t delay. Protect your reputation, career, financial assets and freedom with the help of a skilled Delaware insider trading lawyer.
Call David R. Chase, Esq. today at 800-760-0912 for a free and confidential consultation. You can also visit www.securitiesfrauddefense.net for more information about David’s insider trading defense practice, how SEC investigations are conducted and the Firm’s prior successful results secured for its clients.
