Year: 2016

Insider Trading Before the Supreme Court: Dirks and Salman, Part I

One of the most closely watched cases of the coming Supreme Court term is Salman v. U.S., No. 15-628, the Ninth Circuit’s insider trading decision penned by Judge Rakoff. The issue for decision is the meaning of the “personal benefit”

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This Week In Securities Litigation (Week ending August 5, 2016)

The SEC prevailed on summary judgment in an action centered on an offering fraud. The principals of the scheme were found to have violated the antifraud provisions while a codefendant was determined to have acted as an unregistered broker. Two

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