Baltimore White Collar Crimes Lawyer
Insider trading is when a group or individual buy or sell stocks because they had knowledge about the company that was not available to the general public. This is a very complex issue, and it can be difficult to prove the case for both defendants and prosecutors.
Some questions that must be addressed in insider trading include:
- What constitutes insider information?
- How did the defendant obtain the allegedly private information?
- Did someone intentionally leak the information to promote insider trading?
- Was the “insider information” truly private?
- Did the defendant realize they were providing or given access to private information?
You will need an attorney with experience in white collar crime and federal charges to represent you in court. At the Law Offices of James E. Crawford, Jr. & Associates, our white collar crimes attorneys in Baltimore understand the complexities of these cases and can help you protect your rights and best interests.
Contact our firm today onlineor call (443) 709-9999 to schedule a consultation.
Why Is Insider Trading Illegal?
On the surface, insider trading does not seem as damaging a crime as the courts make it out to be. While it may be unfair from a business standpoint, it appears to be an otherwise victimless crime. The Securities Exchange Commission (SEC), however, considers this to be one of their top priorities.
Investors and potential investors are entitled to certain protections. When someone sells or buy stocks based on inside information, they damage opportunities for businesses and invested individuals. Insider trading increases the cost of capital for issuers of securities and hurts the country’s economic growth. Insider trading is essentially a crime against the U.S. economy itself, which is why it is taken very seriously.
Put a Knowledgeable Lawyer in Your Corner
It is surprisingly easy to commit insider trading by accident. A friend or family member could reveal personal information without realizing it is private, thereby putting both them and the person they told at risk for arrest if an individual makes stock trading decisions based on this information.
Our Baltimore federal crime lawyers at the Law Offices of James E. Crawford, Jr. & Associates have defended countless clients from federal charges. We can help you during this difficult time and provide you with the knowledgeable guidance you need.
Initial consultations at our firm are offered at no charge. Call (443) 709-9999 today.