Miami Insider Trading Attorney
Miami-Dade Federal Defense Attorney
Insider trading is a crime wherein a person in a position of responsibility or trust or in breach of fiduciary duty, with non-public knowledge of a security, buys or sells that security. For example, Bob may be the accountant for Company 123. Because he is responsible for the company's books, Bob knows that the company is about to file for bankruptcy.
This information is not yet public knowledge. If Bob were to then use that information and sell all of his stock in Company 123 or perhaps invest in Company 456 (a prime competitor) this may constitute insider trading.
SEC Investigations for Insider Trading
The SEC (Securities and Exchange Commission), in coordination with state securities agencies, oversees and enforces securities laws throughout the U.S. The SEC will be aggressive in investigating alleged situations involving insider trading and may conduct a lengthy investigation in order to collect the evidence necessary to bring charges against the defendant in federal court.
To counteract aggressive investigation and prosecution attempts, you need an attorney at your side to assert your rights and defend you against a conviction.
Accused of insider trading? Talk to a Miami Federal Lawyer Today
If you or someone you know has been accused of insider trading, it is important that you consult a Miami federal defense lawyer at the Law Office of Michael Mirer, P.A. as soon as possible. You may be at risk of facing federal charges and serious penalties if you are convicted, in addition to potential damage to your career and reputation.
You may face financial difficulties if you are made to pay heavy fines or have to serve an extended prison term as a result of your conviction, and this may affect your family life and personal relationships as well.
Contact Miami federal crime attorney Michael Mirer today for a free consultation regarding your case.
