Co-coaching with your brother-in-law and later profiting from buying stock in your brother-in-law’s company is not insider trading. Judge Hilton agreed when he found SEC did not present evidence that trading activities related to a brother-in-law’s illegal insider trading.
But while David Schottenstein admitted to conspiracy to commit securities fraud with Thursday’ s guilty plea in Boston federal court, attorneys for two others facing the same charge as well as aiding and abetting securities fraud say they’ re fighting. On the civil side, the Securities and Exchange Commission filed a complaint against Schottenstein,.
Alleged to have traded on non-public information obtained from a cousin who served on board of directors of Green Growth Brands, which tried to buy Aphria in…
Alleged to have traded on non-public information obtained from a cousin who served on board of directors of Green Growth Brands, which tried to buy Aphria in…