close

Blogs > International Business Law Blog

insider trading

Dec 19, 2014

Government Charges “Tipping Liability” To Company Insiders At Dell & Nvidia

The basis for imposition of tipping liability for insider trading has been clarified by the Second Circuit.

In United States of America v. Todd Newman, Anthony Chiasson (Nos. 13-1837-cr (L), 13-1917 cr), the Second Circuit has vacated convictions for insider trading for two hedge fund portfolio managers convicted of trading on information obtained from analysts who had received nonpublic and material information about public companies in the technology sector. » Read More