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Ontrak Indictment Showcases DOJ-SEC Collaboration

Summary - The recently unsealed indictment of health care company Ontrak for insider trading marks the first criminal prosecution alleging an executive’s fraudulent use of a 10b5-1 trading plan to facilitate unlawful...more

Insider Trading Concerns Spur SEC to Propose Amending Rule 10b5-1

Summary - A proposal by the Securities and Exchange Commission to amend Rule 10b5-1, as well as recent enforcement activity relating to these plans, suggest that the SEC is concerned that the rule has been used as cover...more

Public Companies Face Heightened Risk of Insider Trading Due to COVID-19 Volatility

COVID-19 has injected significant uncertainty into our daily lives and enormous volatility into our markets. In the last two weeks alone, many major domestic and international indices have experienced their largest daily...more

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