by Staff of the Firm | Sep 19, 2015 | Securities Laws, Uncategorized
SEC v. McPhail. According to the SEC, McPhail’s source of inside information was a member of AMSC’s senior management, who became close friends with McPhail as members of the same country club.[1] The SEC complaint shows that the two developed a close bond over the...
by Staff of the Firm | Sep 12, 2015 | Securities Laws, Uncategorized
When it comes to securities law violations, people tend to think that the SEC only goes after big fish, but that is plainly not true. We mentioned in our previous blog series on exempt offerings (available here) that there is no exception for small guys. We also...
