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On March 1, 2023, the Department of Justice ("DOJ") and the Securities and Exchange Commission ("SEC") demonstrated continued interest in investigating insider trading by company executives. ....
Polite: Voluntary self-disclosure rising since DOJ policy changes complianceweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from complianceweek.com Daily Mail and Mail on Sunday newspapers.
The DOJ and the SEC show continued interest in investigating insider trading by company executives who possess material non-public information. Though a Rule 10b5-1 plan is intended as a safe harbor, the existence of any such plan cannot be an affirmative defense. ....
On February 22, 2023, U.S. District Judge Victor Marrero of the Southern District of New York denied a motion to dismiss a putative class action brought by purchasers of a non-fungible token against Dapper Labs, Inc., and its CEO. ....