Philadelphia Insider Trading Lawyer

Under SEC Investigation for Insider Trading?
What You Need to Know

Call Us Now: 800-760-0912

If you are under investigation for insider trading in Philadelphia, you need experienced SEC legal counsel immediately. The U.S. Securities and Exchange Commission (SEC), often hand-in-hand with the Department of Justice (DOJ), aggressively investigates and prosecutes insider trading cases using sophisticated AI technology and sophisticated enforcement strategies. These white-collar cases are complex, high-stakes, and demand skilled legal representation from inception.

David R. Chase, Esq., a former SEC enforcement attorney and nationally recognized and widely-quoted SEC defense attorney, provides strategic, personalized representation for individuals and companies facing SEC investigations. From his South Florida-based office, Mr. Chase defends clients around the nation, including professionals, traders, software engineers, corporate executives, and medical professionals in Philadelphia’s diverse and vibrant business sectors.

What Is Insider Trading?

Insider trading is illegal when someone buys or sells securities based on material, nonpublic information (MNPI) obtained in breach of a legal duty. These cases often involve corporate insiders, but can also potentially extend to anyone who improperly obtains and trades on confidential information.

There are two primary forms of insider trading:

Classical Insider Trading

Occurs when a corporate insider — such as an executive, board member, or employee — uses confidential company information to trade or shares it with someone else who trades. Both the tipper and tippee may face liability if the tippee knew or should have known the information was improperly shared in breach of a duty.

Misappropriation Theory

Involves someone who legally gains access to the MNPI (such as a consultant, advisor, or attorney), but then misuses to trade in securities for personal benefit.

Consequences for insider trading can be life-altering, including:

Large civil monetary penalties

Disgorgement of trading profits made or losses avoided

Permanent or temporary bans from serving as a public company officer or director, and

Criminal prosecution and potential imprisonment in DOJ cases

Why the SEC Targets Insider Trading in Philadelphia

Philadelphia is a major financial, healthcare, education, and life sciences center. Home to numerous publicly traded companies, investment banks, venture capital firms, and major hospitals, the city’s thriving economy produces a constant flow of material, nonpublic information. This makes Philadelphia a frequent target of SEC monitoring and enforcement efforts. The SEC also has an office in Philadelphia.

The SEC uses cutting-edge data analytics, whistleblower tips, and inter-agency cooperation to detect and investigate suspicious trading activity. Individuals and companies in Philadelphia are regularly scrutinize, whether for insider trading or for other forms of securities fraud, including accounting fraud, stock manipulation or Ponzi schemes. If you have been contacted by the SEC or received a SEC subpoena, it’s likely that the agency already developed evidence against you.

Why You Need a Skilled SEC Defense Attorney

Successfully defending against insider trading allegations requires deep knowledge of securities law, federal investigative procedure, and regulatory tactics. David R. Chase brings all of these strengths to every case, having handled insider trading matters from both sides — as an SEC enforcement attorney and, for over 25 years, as a securities enforcement defense lawyer.

Why Choose David R. Chase?

Former SEC Enforcement Attorney

Mr. Chase served in the SEC’s Enforcement Division and held the title of Senior Counsel, leading complex insider trading and securities fraud investigations. He knows first-hand how cases are built and, now more importantly, how they can be dismantled.

Focused SEC Defense Practice

After leaving the SEC, Mr. Chase dedicated his career to defending clients facing SEC investigations. Insider trading defense is a major component of his national legal practice.

Nationwide Representation

Based in Florida, Mr. Chase represents clients throughout the United States, including Philadelphia. He handles SEC subpoenas, Wells Notices, settlement negotiations, and sec enforcement proceedings.

Personalized Defense Strategy

Every case is personally handled by Mr. Chase, ensuring his clients receive customized strategies designed to protect their rights, careers, and financial futures.

What to Do If You’re Under Investigation for Insider Trading

If you have received a subpoena, a SEC Wells Notice, or believe you are under investigation for insider trading, do not speak with regulators without first consulting an experienced Philadelphia insider trading lawyer. Even minor missteps can have major and potentially irreparable consequences.

David Chase will:

Protect your rights and guide you through the investigation process
Communicate directly with SEC staff on your behalf
Help you respond to subpoenas and comply with document requests properly
Analyze the evidence and build a strong, proactive legal defense
Seek to avoid formal charges or negotiate the best possible settlement when required

Hiring skilled legal counsel at the earliest stages can dramatically improve your chances of achieving a favorable resolution.

Contact Philadelphia Insider Trading Lawyer David R. Chase, Esq. Today

If you’re facing an SEC insider trading investigation or have received a subpoena in Philadelphia, don’t delay in seeking help. A seasoned SEC defense attorney like David R. Chase can provide the critical guidance and protection needed.

Call David R. Chase, Esq. at 800-760-0912 today for a confidential consultation. You can also visit www.securitiesfrauddefense.net to learn more about his background, practice areas, and history of successfully defending clients in SEC enforcement actions, including insider trading cases.

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