Fed. Sec. L. Rep. P 90,239 Securities and Exchange Commission v. Thomas Warde

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “[Defendant’s] resort to deceptive trading practices supports an inference that he was trading illegally on insider information.”
• “A tippee’s gains are attributable to the tipper, regardless whether benefit accrues to the tipper”
• \test is the same\ for appellate court reviewing jury verdict \as it would be if the question were whether the case should have been permitted to go to the jury\
• prejudgment interest may be awarded for period of time that “‘defendant . . . had use of unlawful profits’”
• access to insider information, telephone calls, and parallel trading was sufficient to support a jury finding of tippee liability
• A tippee's gains are attributable to the tipper, regardless whether benefit accrues to the tipper'

Source: CourtListener parenthetical corpus (CC0).