Scott Friestad
Scott Friestad
case duty executives exercise information legal market material reminder sales stock trade
This case is a reminder that cashless exercise transactions are no different from other stock sales from a legal standpoint. Executives are under a duty not to trade when they have material information that the market does not.
case effort example fraud investors ongoing pipes stamp
This case is an example of our ongoing effort to stamp out fraud and abuses by investors in the PIPEs market, and it will continue.