M & A Law Prof Blog

Editor: Brian JM Quinn
Boston College Law School

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Tuesday, November 20, 2012

High school buddies in alleged insider trading ring.

Be careful when you start thinking like this:

"At the end of the day, the SEC's got to pick their battle because they have a limited number of people and a huge number of investors to go after."

Chances are, once the SEC picks that up, you'll be next.  That's the lesson this group of high school buddies is learning now.  

Here's the complaint.

-bjmq

http://lawprofessors.typepad.com/mergers/2012/11/high-school-buddies-in-alleged-insider-trading-ring.html

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