The Supreme Court adopted the position of the SEC, affirming its traditional test of materiality. Matrixx Initiatives, Inc., v. Siracusano, Case No. 09-1156 (March 22, 2011). In a unanimous ruling the Court rejected Petitioner’s contention that there should be a …

THE SUPREME COURT AFFIRMS ITS TRADITIONAL MATERIALITY TEST Read More »

The SEC and DOJ are being aggressive in bringing insider trading cases. DOJ and, in particular the Manhattan U.S. Attorney’s Office, have focused on the use of so-called blue collar tactics. The SEC has relied on more traditional methods keyed …

INSIDER TRADING: THE MISSING COO AND UNIDENTIFIED CALLER Read More »