· 10/18/2023
Mineral Springs - Saratoga School District And Arkansas School Boards Association v. Bron Bell And Death and Permanent Total Disability Trust Fund
Citations
- 2023 Ark. App. 458
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that secretly using misappropriated confidential information for trading purposes to be § 10(b) violation
- holding that “ § 10(b) and Rule 10b-5 are violated when a corporate insider trades in the securities of his corporation on the basis of material, nonpublic information.”
- holding that secretly using misappropriated confidential information for trading purposes to be § 10(b) violation
- holding that misappropriation theory is a basis for finding criminal liability under § 10(b) in light of “the inhibiting impact on market participation of trading on misappropriated information, and the congressional purposes underlying § 10(b)”
- holding that “criminal liability under § 10(b) may be predicated on the misappropriation theory”
- holding that a person may be convicted for the criminal violation of section 10(b) and Rule 10b-5 for misappropriating nonpublie information relating to a publicly held company and trading on it
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.