30+ Years' Experience. Nationally Recognized Defense.
The United States Securities and Exchange Commission (SEC) defines illegal insider trading as buying or selling a security in breach of a fiduciary duty or other relationship of trust while in possession of material or information made unavailable to the public. While using professional insight and privileges to your advantage might seem like a smart business move, it can actually be considered a white collar crime.
Criminal penalties for insider trading in the United States include:
If you are faced with insider trading charges, Boston Criminal Defense Attorney Brad Bailey can help you devise a solid defense strategy. In his 30+ years of handling criminal law, both as a defender and a prosecutor, he has successfully handled numerous insider trading cases, including the newsworthy United States v. Karunatilaka. To get in touch with Mr. Bailey, you can set up a confidential phone consultation today.
Monetary damages and time spent in prison can certainly be considered massive negative impacts of an insider trading conviction. The damage that lingers the longest, however, can be the reputation harm your business will experience if you or another company executive is convicted of insider trading to turn a profit or prevent a loss. Partnerships may fall apart as other corporations question your intentions, and consumers may turn away from your company if they fear you cannot be trusted. Boston White Collar Crimes Attorney Brad Bailey makes a point to not only defend his clients from sentencing but also from the harsh stigma that can affect their businesses. By cutting down the prosecution’s claims until they are no longer reasonable or logical, it may be possible to save your reputation from any harm, or possibly bolster it.
Call (617) 500-0252 today. The future of your business and freedom could depend on it.
Brad Bailey is the go-to defense attorney for white collar crimes, federal crimes, as well as serious state felony charges. He is without question one of the most experienced criminal defense attorneys in Boston.