Securities and Exchange Commission v. Anthony Materia

How courts have described this case

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

• finding defendant “acted with scienter” where confidentiality “policy was prominently posted”
• identities of four tender offer targets discerned in spite of use of code names are material
• “By purloining and trading on confidences entrusted to Bowne [the printer], it cannot be gainsaid that Materia undermined his employer’s integrity”
• liability may arise merely because one “misappropriates non-public information in breach of a fiduciary duty and trades on that information to his advantage”
• section 10(b) was not “aimed solely at the eradication of fraudulent trading by corporate insiders”
• liability may arise merely because one \misappropriates non-public information in breach of a fiduciary duty and trades on that information to his advantage\

Source: CourtListener parenthetical corpus (CC0).