Los Angeles Insider Trading Lawyer

Under SEC Investigation for Insider Trading?
What You Need to Know

Call Us Now: 800-760-0912

If you are being investigated or have been charged with insider trading in Los Angeles, the potential consequences are severe. The U.S. Securities and Exchange Commission (SEC) actively pursues insider trading violations, often utilizing cutting-edge surveillance tools and frequently coordinating with the Department of Justice (DOJ) to file parallel criminal charges. If you are caught in the SEC’s crosshairs, it is critical you have an experienced and strategic legal advocate on your side.

David R. Chase, Esq., a nationally respected SEC defense attorney, offers strategic representation for clients accused of insider trading. A former SEC enforcement lawyer himself, Mr. Chase conducted insider trading investigations while at the SEC and thus understands the agency’s inner workings. He uses that insight to build powerful defenses for each of his clients. While based in South Florida, Mr. Chase represents clients nationwide, including those involved in the financial, entertainment, and tech sectors of Los Angeles.

Understanding Insider Trading

Insider trading occurs when an individual purchases or sells securities based on material, nonpublic information (MNPI) in violation of a duty. The conduct may involve company insiders or individuals who misuse confidential information obtained lawfully through other means.

There are two legal models of insider trading:

Classical Insider Trading

This takes place when a corporate insider, such as the CEO or board member, trade their own company’s stock while in possession of MNPI. If that information is passed to another who trades on it, both the tipper and the tippee can be held liable if the tippee knew (or should have known) that the tip was provided in breach of a duty.

Misappropriation Theory

This is illustrated where an individual who legally obtains confidential information— such as a third-party consultant — violates the law by using it for personal financial gain in the securities markets in breach of his contractual duties to maintain the confidentiality of the information.

Both civil and criminal penalties may follow an insider trading allegation, including:

Financial penalties

Disgorgement of ill-gotten trading gains

A bar from serving as an officer or director of a public company

Imprisonment if criminally convicted

Why the SEC Targets Insider Trading in Los Angeles

Los Angeles is a major financial and business center, home to major entertainment conglomerates, publicly traded tech startups, venture capital firms, and financial institutions. The high volume of market-sensitive information circulating in L.A. makes the region a focal point for insider trading enforcement.

The SEC’s leverage of its sophisticated technologies and use of its highly effective whistleblower program makes it possible for the agency to launch investigations with little to no warning. In many instances, by the time you receive an SEC subpoena or direct outreach from enforcement attorneys, the SEC may already have collected extensive evidence against you.

Why You Need an Experienced SEC Defense Attorney

When facing an SEC or DOJ insider trading investigation, your choice of legal counsel can be the deciding factor in the outcome. You need an attorney who not only understands securities law but also knows exactly how the SEC builds and prosecutes its cases. That’s precisely what David R. Chase delivers.

Why Choose David R. Chase?

Former SEC Enforcement Attorney

David Chase serves as Senior Counsel at the SEC where he led complex investigations, including insider trading investigations and securities fraud cases. His insider knowledge allows him to anticipate the SEC’s strategy and, in response, mount an effective defense.

Focused SEC Defense Practice

Since leaving the SEC, Mr. Chase has concentrated exclusively on representing clients facing SEC investigations. Insider trading defense is a core part of his national practice.

Nationwide Representation

Though headquartered in Florida, Mr. Chase defends clients throughout the country, including in Los Angeles. He regularly handles SEC subpoenas, Wells Notices, and settlement negotiations with the SEC Staff.

Hands-On, Personalized Legal Strategy

Every client’s case is personally handled by Mr. Chase, who crafts a tailored legal strategy designed to protect your legal rights, professional reputation, and future.

Steps to Take if You’re Under SEC Investigation for Insider Trading

If you suspect you’re under investigation or have received an SEC subpoena, time is of the essence. Responding to the SEC without experienced counsel can put you at a serious disadvantage and even increase your legal exposure.

David Chase can help you:

Understand and protect your legal rights
Communicate directly with SEC enforcement staff
Respond to SEC subpoenas
Analyze the evidence and formulate a proactive legal defense
Negotiate favorable outcomes, including settlement where appropriate

Quick action and experienced representation from a Los Angeles insider trading lawyer can significantly improve your odds of achieving a favorable resolution.

Contact Los Angeles Insider Trading Lawyer David R. Chase Today

If you’ve received a SEC subpoena or believe you are under SEC investigation for insider trading in Los Angeles, don’t wait to get the legal support you need. The sooner you involve a knowledgeable SEC defense attorney, the more options you’ll have to fight the charges or avoid them entirely.

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, legal practice, and record of success in defending SEC enforcement actions.

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