David R. Chase, P.A.
Call Us Now: 800-760-0912
Call Us Now: 800-760-0912
If you are under investigation for insider trading in Ohio, you are likely feeling overwhelmed, panicked and uncertain as to the next steps, and understandably so. The U.S. Securities and Exchange Commission (SEC), often in parallel with the Department of Justice (DOJ), zealously investigates and prosecutes insider trading cases. These investigations can be extensive, with the SEC utilizing its vast resources, including big-data analytics, and trading surveillance tools to build its case before you ever know you’re a target.
David R. Chase, Esq., a former SEC prosecutor and nationally recognized SEC defense attorney, offers seasoned, strategic legal defense for individuals being investigated or accused of illegal insider trading. Based in South Florida, Mr. Chase represents clients nationwide, including across Ohio, from Cleveland and Columbus to Cincinnati and Dayton.
What Is Illegal Insider Trading?
Illegal insider trading is the act of buying or selling a security based on material, nonpublic information (MNPI) in violation of a duty of confidentiality or trust. The SEC may pursue civil enforcement, while the DOJ can bring criminal charges. Liability can extend beyond company executives to include consultants, advisors, friends, and even family members.
Occurs when a corporate insider trades company stock based on MNPI in breach of a fiduciary duty, or tips someone else who then trades (known as a tippee).
Occurs when someone legally obtains MNPI through a professional relationship (e.g., attorney, banker, accountant) and then uses that information to trade for personal gain in breach of a confidentiality obligation or fiduciary duty.
Ohio is home to a wide range of public and private companies across industries such as finance, healthcare, manufacturing, and technology. Major metropolitan centers like Cleveland, Columbus, and Cincinnati are economic engines that attract executives, institutional investors, analysts, software engineers, pharma officers, and professionals —many of whom are entrusted with highly-sensitive market-moving information.
The SEC actively monitors trading activity involving individuals in Ohio, especially when it precedes public announcements like mergers, acquisitions, earnings calls, or product launches. Suspicious trades, whistleblower complaints, or algorithmic red flags can quickly trigger an investigation.
If you have received an SEC subpoena or Wells Notice, or believe you may be under scrutiny, now is the time to consult with an experienced Ohio insider trading lawyer.
Insider trading allegations are serious and oftentimes complex. Effectively defending them requires deep knowledge of securities law, the inner workings of the SEC, and its investigatory procedures. David R. Chase brings all of this to the table for each of his clients.
As a former SEC enforcement attorney, Mr. Chase understands exactly how the agency builds its cases and therefore knows how to expose and exploit their weaknesses. His practice is narrowly focused on representing clients in SEC and DOJ securities matters across the United States.
If you’ve received a SEC subpoena or Wells Notice from the SEC, do not speak to the SEC without first consulting experienced legal counsel. Even a seemingly minor, innocent comment can and likely will be used against you.
David R. Chase will:
The earlier you retain counsel, the better your chances may be of achieving a favorable outcome.
If you are facing insider trading allegations or an SEC investigation in Ohio, don’t delay. Contact a skilled SEC defense attorney to protect your rights, your reputation, and your future.
Call David R. Chase, Esq. at 800-760-0912 for a confidential consultation. You may also visit www.securitiesfrauddefense.net.
