David R. Chase, P.A.
Call Us Now: 800-760-0912
Call Us Now: 800-760-0912
If you are the subject of an SEC insider trading investigation in Boston, it is imperative that you take immediate steps to secure experienced SEC defense counsel to protect your interests. The U.S. Securities and Exchange Commission, often in coordination with the Department of Justice (DOJ), aggressively investigates and prosecutes insider trading cases backed by vast Governmental resources. When your reputation, professional career, and financial assets are under threat, you need a trusted advocate with deep knowledge of how the SEC operates and, more importantly, how it can be defeated.
David R. Chase, Esq., a nationally acclaimed SEC defense attorney, provides strategic and aggressive legal representation to individuals under SEC investigation. While he was a SEC enforcement attorney, Mr. Chase conducted insider trading investigations. With that insider’s institutional knowledge, he has a unique perspective to identify and assess the strength, and more importantly, the weaknesses in an SEC case. Based in South Florida, he represents clients across the United States, including professionals, executives, and financial services professionals in Boston’s bustling financial, biotech, pharma and academic sectors.
Insider trading involves the purchasing or selling based upon material, nonpublic information (MNPI) in violation of a duty of trust or confidence. It can take place not only with company executives, but also through attorneys, consultants, friends, or business partners who improperly share or trade on confidential information.
There are two recognized legal theories of insider trading:
Occurs when a corporate insider trades based on confidential company information. If the information is passed to another person (a “tippee”) who then trades, both the tipper and tippee can be held liable if the tippee knew or should have known the information was shared in breach of duty.
Involves an individual who lawfully comes into possession of the inside information (e.g., an outside consultant or advisor under a NDA) and then misuses that information to make securities trades for personal gain.
Boston is a major national hub for finance, biotech, healthcare, pharma, academia, and venture capital. With such a dense concentration of publicly traded companies, investment activity, and intellectual property, the region is very closely monitored by the SEC, which has an office in Boston. The SEC’s highly-sophisticated data analysis technologies and its effective whistleblower program combine to allow the SEC to commence an investigation before its subject even is aware of it.
Often, by the time you are contacted by the SEC, either through a cold-call from the SEC staff, or the receipt of a SEC subpoena, the SEC may have already compiled evidence against you. Fast, but informed action to secure SEC defense counsel is essential. Paralysis is not your friend.
Fighting an insider trading inquiry requires more than a basic understanding of the federal securities laws, it demands a specialized knowledge of SEC enforcement procedures: how it investigates, prosecutes and settles its cases. David R. Chase offers precisely that.
If you’ve received a SEC subpoena, a Wells Notice, or suspect you’re under SEC investigation, it’s crucial to obtain legal counsel before you speak to anyone. A misstep or premature disclosure could significantly worsen your situation.
David Chase will:
Having a skilled Boston insider trading lawyer on your side early in the process can greatly increase the likelihood of a favorable outcome.
If you’re under investigation for insider trading or have received an SEC subpoena in Boston, do not delay. Early intervention by a seasoned SEC defense attorney can be the key to protecting your future.
Call David R. Chase, Esq. today at 800-760-0912 for a confidential case evaluation. You can also visit www.securitiesfrauddefense.net to learn more about his background, results, and focused SEC defense practice.
