Insider Trading Attorney

Dallas/Fort Worth White Collar Crimes Lawyer

Insider Trading

Insider Trading in Texas

Insider trading is a federal offense investigated by the FBI and agents employed by the Securities Exchange Commission. It is illegal because it involves the use of inside information about a publicly-traded company that is not available to the stock-buying public. Anyone who takes advantage of inside information to profit from unethical stock trading can be charged with violating securities trading laws including but not limited to brokerage firm employees, law firm employees,corporate employees, and friends and relatives.

Both the “insider” who supplied the information and the person who received the inside information can be charged and convicted. If an indictment is returned, the case is prosecuted in federal court and large financial penalties and a prison sentence are definite possibilities if convicted of insider trading. For that reason,you should contact a Fort Worth insider trading attorney skilled in federal criminal defense at the earliest opportunity.

Examples of Insider Trading Cases Brought by the SEC are Against:

  • Corporate officers, directors, and employees who traded the corporation’s securities after learning of significant, confidential corporate developments;
  • Friends, business associates, family members, and other “tippees” of such officers, directors, and employees, who traded the securities after receiving such information;
  • Employees of law, banking, brokerage and printing firms who were given such information to provide services to the corporation whose securities they traded;
  • Government employees who learned of such information because of their employment by the government; and
  • Other individuals who have taken advantage of confidential information from their employers.

Defense Against Insider Trading Charges

If you receive any contact in person or by mail from a federal agent informing you that you are the subject of an insider trading investigation, you should contact an insider trading attorney before responding. Nothing will be gained by speaking to them without your attorney’s advice and presence.  An insider trading attorney can help protect you and decide if it’s even a good idea to speak with a federal agent.   Additionally, any false statement or incomplete statement could result in your prosecution for making a false statement.

The allegation of securities fraud, conspiracy, or unethical stock trading can be devastating to your reputation and standing in the community in addition to the penalties involved. Additionally,the investigation may take months or years and could result in bank accounts being frozen and your assets being subject to forfeiture.

Call a Fort Worth White Collar Attorney Today!

It is imperative that you contact an experienced white collar crime attorney for a free confidential consultation on your case. Justin Sparks is a former Tarrant County Assistant District Attorney who has represented individuals charged in both state and federal courts in the Dallas and Fort Worth area. Do not delay. Call Justin today at 817-334-0300.

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Fort Worth Criminal Defense Attorney

Justin Sparks Criminal Defense Attorney