In this paper, the authors describe “shadow trading” as “a novel, undocumented phenomenon that corporate insiders can use to circumvent insider trading regulations and SEC scrutiny. The premise of ...

On April 5, 2024, a jury found Matthew Panuwat civilly liable for insider trading in violation of federal securities laws 1 in a first-of-its-kind “shadow trading” case (also referred to as “sympathy ...

(Bloomberg) -- Traders with knowledge of upcoming merger and acquisition deals used ETFs consisting of target firms’ stocks to mask $2.75 billion of insider trading, according to an academic paper.

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Wall Street is often viewed as a prototypical film about the excesses of the 1980s. Released in 1987, it stars Charlie Sheen as Bud Fox, a young stockbroker hoping to work with his idol, Gordon Gekko, ...

US insider traders have come up with a new way to avoid scrutiny from financial watchdogs, researchers said in a recent paper. Investors with inside knowledge of deals poured $2.8 billion into ...

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Former pharmaceutical executive loses motion to dismiss Regulator claims trades in competitor were inside trading (Reuters) - The U.S. Securities and Exchange Commission can pursue a first-of-its-kind ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

In their Securities and Corporate Litigation column, Margaret Dale and Mark Harris discuss the recent case 'SEC v. Panuwat', where a California district court allowed a case of shadow trading to go ...