Ensure Your Rights Are Protected
When you’re involved in complex corporate or financial business dealings, you have a great deal of influence on the organization you work for. You’re also often privy to information that many other industry professionals don’t have access to.
When the nature of your job involves sensitive information, you may end up the subject of an investigation even if you handled that information professionally. Learn more about what constitutes insider trading and how our Dallas defense lawyer can help you.
What Is Insider Trading?
Insider trading is when a person trades a public company’s stock based on information that isn’t public. An example of insider trading would be a person working for a company who knows that the stocks are about to increase in value and uses that knowledge for their own financial gain. Insider trading is illegal because using non-public information about a company’s stock value is an unfair advantage that can allow that person to make far larger profits than investors who don’t have the information.
Criminal Investigations For Insider Trading
If you’re the subject of an insider trading investigation, you’re likely going up against federal agencies like the U.S. Securities and Exchange Commission (SEC). This regulatory agency is responsible for the investigation and enforcement of federal securities laws. They also rely on data from other groups such as the Financial Industry Regulatory Authority (FINRA). These organizations monitor data related to price movements and stock exchange volume.
If a suspicious and dramatic change in price or exchange volume takes place, and it can be correlated with any activity that improves the financial position of an executive or top-level manager, SEC or FINRA investigations typically ensue.
It’s crucial that you contact an experienced white-collar criminal defense attorney as soon as possible if you’re under investigation.
How Phillip A. Linder Can Defend Your Case
Like most white-collar crimes, insider trading offenses aren’t always clear-cut. In some cases, the person being accused may have not known the information wasn’t public. In other cases, a person who has access to a company’s sensitive data may be wrongly accused out of suspicion. Regardless of the nature of your specific case, you’ll want an experienced defense attorney by your side to ensure your rights aren’t violated.
Phillip A. Linder, our Dallas white-collar crime lawyer, has over 30 years of experience practicing Texas state law. He’s Board Certified as a Criminal Trial Specialist by the Texas Board of Legal Specialization and has tried more than 200 cases to jury verdict. In addition, he previously spent several years as a prosecutor, so he knows all the best legal strategies to achieve the most favorable outcome for your future.
To schedule a case review, you can reach our Dallas law firm at 214-252-9900 or our Allen office at 972-649-6490. If you’d prefer, you can also get in touch with us using our convenient online contact form.