Hollywood Movie Producer and Others Charged with Insider Trading - What is Going On Here?
By Mark H. Astarita, Esq.
There was a time when insider trading was limited to securities professionals with superior access to information. Then along came the employees in financial printing firms, who has superior access to information regarding tender offers and hostile takeovers. And then it became a thing with loading dock workers, NYC taxi drivers, pizza shop owners, computer repair techs and just about everyone.Then the SEC cracked down, and at least from my perspective it got quiet. We would see an occasional investigation of a technical analyst who followed a handful of stocks for years and hit it big on two, and others who have been lucky over the years.But lately, the cases are on the upswing. Recent cases have included traditional insiders - corporate officers andthe occasional attorney - but also hedge fund managers, scientists, and computer hackers...continue to full post
Lambert on Insider Trading Thomas A. Lambert has posted A Middle Ground on Insider Trading on SSRN with the following abstract: The debate over insider trading usually proceeds in all-or-nothing terms: either all insider trading should be permitted by law or none should...
Former Big Law Associate Charged in Insider Trading Scheme Matthew Kluger has been charged with trading on insider information he gathered while working at Wilson Sonsini. Prosecutors allege he also traded on insider information he gathered while he was an associate at Skadden and Cravath.