SEC v. Truong
Jan 01, 2000OUTCOME: Most allegations dismissed and case settled.
Court granted summary judgment in insider trading action where SEC failed to show how defendant obtained confidential inside information.
San Jose, CA
Securities and investment fraud Lawyer at San Jose, CA
Practice Areas: Securities & Investment Fraud, Corporate & Incorporation ... +2 more
OUTCOME: Most allegations dismissed and case settled.
Court granted summary judgment in insider trading action where SEC failed to show how defendant obtained confidential inside information.
OUTCOME: Summary judgment for clients affirmed
Ninth Circuit Court of Appeals affirmed validity of "bespeaks caution" doctrine in securities fraud actions.