Tag: SEC

Dentist, Claiming Tip Was a Rumor, Wins Insider Trading Case

A jury found Jessie Roberts, a Louisiana dentist who claimed what the government called an illegal tip was just a rumor, not guilty of insider trading. U.S. v. Roberts, No. 15-ct-00020 (M.D. La. Filed Feb19, 2015). The case centered on

Posted in SECActions Tagged with: , ,

What Is The Value of Cooperation With the SEC?

The Commission has long encouraged firms and individuals to cooperate with its investigations based on the promise of consideration when the action is resolved. When the resolution is reached the agency may acknowledge the cooperation of the individual. In making

Posted in SECActions Tagged with: , ,