Tag: personal benefit

Is “wine, steak, and visits to a massage parlor” a quid pro quo personal benefit which, if received in conjunction the dissemination of material, non-public information, is sufficient to establish a breach of duty for illegal tipping in violation of …

When Steak and a Massage Equals Insider Trading Read More »

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One of the most significant debates regarding insider trading in recent years centers on the personal benefit test adopted in U.S. v. Newman, 773 F. 3d 438 (2nd Cir. 2014) for tippee liability. The court in Newman held its test …

Supreme Court To Hear Salman On Newman Personal Benefit Read More »

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