The prohibition on unlawful insider trading is enforced by the Securities and Exchange Commission. The term refers not to trading of company stock within a company, but rather to the unlawful purchase or sale of a security in breach of a fiduciary duty or other obligation while in possession of material and non-public information about that security.
Such activity undermines the fairness and transparency of our securities markets and investor confidence in those markets.
Whistleblowers with information on persons who have violated securities laws prohibiting insider trading are encouraged to report to the SEC Whistleblower Office. If whistleblowers report such fraud with the help of qualified SEC whistleblower attorney, the whistleblower may remain anonymous.
Hagens Berman represents several whistleblower actions under the SEC Whistleblower Program, including representation of high-profile market expert Haim Bodek, and marshals its significant nationwide resources and expertise in financial fraud to best present whistleblower matters to the SEC.