The court’s Martoma decision reinvigorates the US government’s ability to prosecute insider trading cases.
Key Points:
- The majority opinion overrules recent case law requiring that an insider have a meaningfully close...more
9/6/2017
/ Confidential Information ,
Corporate Counsel ,
Dirks v SEC ,
Gifts ,
Insider Trading ,
Martoma ,
Personal Benefit ,
Securities Violations ,
Tippers ,
US v Newman ,
US v Salman
Salman reaffirms Dirks and holds that a “gift” of inside information to a trading relative or friend continues to meet the personal-benefit requirement.
The Salman Prosecution -
In 2011, Bassam Yacoub Salman was...more