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Insider Trading Asset Freeze

Dorsey & Whitney LLP

SEC Files Suspicious Trading Case

Dorsey & Whitney LLP on

The SEC filed another “suspicious trading” insider trading action, naming as defendants two Chinese nationals. The action was brought just days after the second deal closed, permitting a freeze order to be entered over the...more

Proskauer - Corporate Defense and Disputes

Pleading Standard Saves SEC’s Insider-Trading Case

A federal judge in the Southern District of New York recently sustained the SEC’s insider-trading complaint against two alleged tippees, holding that, under the pleading standard applicable to a motion to dismiss, the SEC...more

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