Trial Lawyers Relentlessly Pursuing Justice
Los Angeles Insider Trading Defense Attorneys
Martindale-Hubbell® rated our firm as AV® Preeminent™, and we were also rated 10/10 by Avvo® — both of which are the highest ratings possible with each respective service. If you are in need of experience on your side in order to fight your criminal charges, call today for a case consultation. We look forward to reviewing your case and helping you decide on a defensive course of action.
What is Insider Trading?
The definition of insider trading is found under 17 CFR 240.10b-5, where it states that it is illegal to make any statements, omit any information, or engage in any fraudulent activity in connection with the purchase or sale of any security or non-public information. Anyone who has the ability to come in contact with stocks, bonds and other such securities cannot sell those securities without explicit authority from the owner of those securities. Otherwise, they are guilty of insider trading.
Federal charges of insider trading are punishable under 15 USC § 78u-1. The penalty for this offense is determined by the court, but cannot exceed three times the profit gained or loss avoided through the act. Also, if there was an individual controlling the person who performed the insider trading, they may also be punished under the same section and will be penalized by three times the profit gained or loss avoided, with a limit of $1 million. Even if you did not commit such a crime, you should be sure to retain an aggressive lawyer if you are facing charges. Without proper defense, you could be sentenced for insider trading even if you are innocent.
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Supportive with Clients. Aggressive in Court.
Navigating the legal system can be complicated. To maximize your chance of securing the best outcome possible, it is essential that you reach out to us without delay. When you hire our firm, we will work quickly to gather every detail, examine every piece of evidence, and build a strong case.
We will not hesitate to go toe-to-toe in trial with an insurance company, corporation, prosecutor, or law enforcement officer. Regardless of the type of situation you are involved in, rest assured that we will do everything we can to protect your rights and help you secure the most favorable result possible.
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The Lessem, Newstat & Tooson Team
Our Clients Are Our Focus.
When facing complex legal matters, it is not uncommon to encounter an issue that needs immediate attention from your team.
For this reason, we are available to assist our clients 24 hours a day, seven days a week, to ensure any questions or concerns you may have will be addressed immediately. With around the clock service and multiple office locations, clients throughout Southern California can be confident knowing our counsel is available to them whenever and wherever they need it.
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