Atlanta White Collar Criminal Lawyer
Are you facing allegations of insider trading?
Insider trading is a criminal offense that involves buying or selling stocks or bonds while in possession of particular non-public information about that security. Insider trading is conducted in breach of fiduciary duty, the responsibility of a trustee or manager to control property or act on behalf of and for the benefit of another person or persons.
Are you under investigation for insider trading? Whether you have been arrested or formally charged, if law enforcement has targeted you for a criminal investigation of this regard you may soon face formal criminal charges and the possibility of serious penalties if you are convicted. It is crucial that you consult an Atlanta white collar criminal attorney experienced in representing defendants facing insider trade charges. At Conaway & Strickler, P.C. our lawyers assist clients throughout all of Georgia in these cases. When we get involved early enough, we can work to protect our clients' rights during the initial investigation and in any further contact with law enforcement. This can serve to limit the amount of evidence found and can actually help ensure that our client does not face criminal charges.
What is insider trading?
An example of insider trading may be as follows: Joe is the CEO of JK Enterprises. He has inside knowledge that his company is nearing bankruptcy. As such, he advises a friend to sell his or her securities in the company, and he sells his own stock options as well. Both Joe and possibly his friend may be at risk of facing insider trading charges for their actions. If the bankruptcy was public knowledge, however, insider trading would not apply because many other people would have known about it.
Criminal penalties for insider trading are severe, including imprisonment in state prison, heavy fines, and other penalties as well.
Contact an Atlanta insider trading attorney
to see how you can avoid the many repercussions of a conviction of this kind.