Year: 2014

The SEC filed a fraud action based on the misappropriation of shares of a private firm held by investors through an LLC. The shares were then resold and reissued to other investors. SEC v. Kumar, Civil Action No. 23145 (N.D. …

SEC Files Action Based on Misappropriation of Pre-IPO Shares Read More »

The SEC and the DOJ have waged an aggressive battle against insider trading for years, resulting in a string of courtroom victories, guilty pleas and settlements as well as significant sanctions which are supposed to deter future wrongful conduct. Nevertheless, …

SEC Settles Insider Trading Case With COO Read More »

Tagged with: ,