Category: INSIDER TRADING

Insider trading refers to the practice of buying or selling stocks or other securities based on non-public, material information about a company, giving the trader an unfair advantage over other investors. This information typically includes upcoming financial results, mergers, acquisitions, or other significant developments that could impact a company’s stock price. Insider Trading can manifest in several forms: (1) Classic insider trading involves corporate insiders, such as executives or board members, who trade based on confidential information. (2) Tippee trading occurs when someone outside the company receives insider information and trades on it. (3) Legal ambiguities can arise when insiders trade on information that isn’t clearly defined as material or non-public, leading to potential regulatory challenges. (4) Misappropriation involves trading based on confidential information obtained through a fiduciary duty, such as lawyers or investment bankers exploiting their position. Each form constitutes a violation of securities laws aimed at ensuring fairness and transparency in financial markets.

DOJ-PR-240510.1

File ID: DOJ-PR-240510.1 Date:  May 10, 2024 Accessed:  July 11, 2024 Headline:  Gibsonia Man Charged With Insider Trading Based on Non-Public Information Related to Dick’s Sporting Goods Business Operations. Source:  https://www.justice.gov/usao-wdpa/pr/gibsonia-man-charged-insider-trading-based-non-public-information-related-dicks#:~:text=-%20A%20resident%20of%20Gibsonia%2C%20Pennsylvania,four%20counts%20of%20securities%20fraud Categories: INSIDER TRADING DOJ-PR-240510.1 – Viewer: ▼▼▼ (Download PDF File )

SEC-PR-2024-34

File ID: SEC-PR-2024-34 Date: March 12, 2024 Accessed: July 3, 2024 Headline:  SEC Charges Tallgrass Energy’s Former Board Member Roy Cook and Four Others with Insider Trading in Advance of Blackstone Acquisition Source: https://www.sec.gov/newsroom/press-releases/2024-34 Categories: MERGERS & ACQUISITIONS INSIDER TRADING SEC-PR-2024-34 – Viewer: ▼▼▼ (Download PDF File )