November 03, 2023
A mortgage broker who won a rare midtrial victory in a U.S. Securities and Exchange Commission insider trading case, only to see it reversed by the Fourth Circuit, has settled with the agency just as the case was preparing to go before a second jury later this month.
April 25, 2023
The Fourth Circuit won't rehear a case accusing a mortgage broker of profiting off insider information about a multibillion-dollar merger, leaving intact an earlier decision that revived the U.S. Securities and Exchange Commission's lawsuit after the agency suffered a rare midtrial defeat.
April 11, 2023
A mortgage broker who scored a rare midtrial defeat of insider trading allegations is urging the Fourth Circuit not to open up the possibility of a second trial, arguing that the appeals court made factual errors when it revived the U.S. Securities and Exchange Commission's case against him in February.
February 23, 2023
The Fourth Circuit on Thursday gave the U.S. Securities and Exchange Commission a second chance to bring an insider trading case to trial after a lower court judge took the rare step of tossing the case before a jury could hear the defense's arguments.
December 07, 2022
The U.S. Securities and Exchange Commission took its final stab Wednesday at reviving an insider trading case it claimed "checked all the boxes" before a federal judge suddenly cut the trial short in a stunning defeat for the agency, telling the Fourth Circuit during oral arguments the case should have been left for a jury to decide.
November 30, 2022
As the year winds down, circuit courts will hear argument on the kinds of crimes Jan. 6 rioters can be charged with, whether federal law unconstitutionally delegates power to a private entity, and whether a class can be certified even if some class members weren't actually injured.