Nashville Insider Trading Attorney
Fighting Against Insider Trading Charges in Tennessee
At May & McKinney, PLLC, we are your trusted partner in navigating Tennessee's complex world of insider trading. Our team of Nashville insider trading lawyers is here to protect your interests, whether you're facing allegations of insider trading or need guidance to ensure compliance.
Call May & McKinney, PLLC today at (615) 265-6383 or contact us online to schedule a consultation with our insider trading lawyer in Nashville.
What is Insider Trading?
Insider trading is considered a white-collar crime when individuals with access to non-public, material information about a company use that information to trade securities, such as stocks or bonds, for their gain or provide it to others for financial benefit. This practice undermines the integrity of financial markets and erodes investor confidence. It's essential to understand that insider trading can take various forms, including:
- Trading on Material Non-Public Information: This is the most common form of insider trading, where an individual buys or sells securities based on confidential information not yet disclosed to the public.
- Tipping: When an insider provides confidential information to someone else who then trades on that information, they can also be held liable for insider trading.
- Misappropriation: This occurs when someone misappropriates non-public information and uses it for trading, even if they are not directly associated with the company in question.
What are the Penalties for Insider Trading in Tennessee?
Insider trading is taken seriously at both the federal and state levels. In Tennessee, penalties for insider trading can be severe and may include:
- Criminal Charges: Those convicted of insider trading can face criminal charges that may result in imprisonment, substantial fines, or both. The severity of the penalties often depends on the scale of the illegal trading and the financial impact on the market.
- Civil Penalties: The Securities and Exchange Commission (SEC) can impose civil penalties, including fines, disgorgement of profits, and injunctions against further violations.
- Professional Consequences: Insider trading convictions can lead to the revocation of professional licenses, such as stockbroker licenses or licenses to practice law.
- Reputation Damage: Being accused or convicted of insider trading can severely damage your personal and professional reputation, making it challenging to rebuild trust.
- Victim Restitution: Courts may order individuals found guilty of insider trading to pay restitution to victims who suffered financial losses due to their actions.
Defenses Against Insider Trading Charges
Some common defenses against insider trader charges may include:
- Lack of Materiality: Proving that the information you possessed was not material, meaning it would not have significantly affected a reasonable investor's decision, can be a valid defense.
- Lack of Intent: Demonstrating that you did not have the intent to commit insider trading can be a persuasive defense. This can be challenging for the prosecution to provide proof beyond a reasonable doubt.
- Public Information: If the information you traded on was already in the public domain, you may have a valid defense. Insider trading laws apply to non-public information.
- Procedural Errors: Challenging the legality of the investigation or arrest procedures may result in evidence being excluded from the case.
- Mistaken Identity: It can be a powerful defense if you can prove that you were not responsible for the alleged insider trading.
Contact Our Insider Trading Attorney in Nashville Today
Navigating insider trading allegations or investigations requires experienced legal representation. At May & McKinney, PLLC, we are committed to providing comprehensive legal counsel and representation. Our Nashville insider trading attorneys are ready to advocate, protect your rights, and work toward the best possible resolution for your case. Your financial well-being and standing are at stake, and we are here to help you every step of the way.
Contact May & McKinney, PLLC today to get started with our Nashville insider trading attorney.
Our Clients Say It Best
Read Our Client Testimonials
At May & McKinney, PLLC, your satisfaction is our priority! See for yourself what our clients have to say about working with us.
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"Rob McKinney did an exceptional job! Not only did he get the best outcome possible for my case, he had skilled knowledge to answer all my questions about my nursing license along the way!"Rob McKinney did an exceptional job! I was extremely worried about my case. Not only did he get the best outcome possible for my case, he had skilled knowledge to answer all my questions about my nursing license along the way. I would recommend him to all of my closest friends and family. Karen and the entire staff are extremely helpful and I always felt that I was a priority. Thank you Mr. McKinney for helping to keep my future bright! I am so very thankful to you!- Very Satisfied Client
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"You Were There For Us"ou are more to us than just a lawyer.- J.B.
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"Rob and his team are second to none."The need for a criminal defense attorney typically represents a low point in one’s highlight reel. Rob’s unmatched expertise, passion and commitment to achieving the best possible outcome during troubled times makes him the best available. Grateful to him and his team.- Anonymous
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"You Made a Difficult Situation Endurable"
Thank you so very much for all you have done and are still doing. Thank you for being such a great attorney in our time of need. You made a difficult situation endurable.
- L.M. -
"It's a Comfort to Have You On My Side"
I just wanted to say thank you for everything you have been doing for me. It's comforting to know I've got you on my side. You're the BEST!!
P.S. — I really can't thank you enough.
- R. -
"Look no further, Rob McKinney is the defense attorney you need."As a LEO wife, I was served with a frivolous OP from an estranged step family member. With the possibility of my husband not being able to process any firearms in our household, Mr McKinney's understanding the severity of the situation, Rob took the time to investigate and prepare for the hearing. With that said, Rob absolutely destroyed the petitioner and witnesses on the stand. It was worth the time, money and stress to see Rob in action. If the need ever arises in the future, Rob will always be our first call. You cannot go wrong putting your trust in Mr. McKinney.- Tara
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"Rob and his team did a fantastic job on my case... I would definitely use his services again."Rob and his team did a fantastic job on my case... I would definitely use his services again.- Larry P.
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"Incredibly helpful"This was my first experience ever being accused of a crime and I was very nervous and scared. Rob and his staff were incredibly helpful, answering all of my questions and putting my mind at ease throughout the process. In the end, we were able to get everything dismissed successfully. Although in the grand scheme, my case was a relatively minor one, Rob always was there to help and it was clear that his knowledge and experience would be hard to find anywhere else. I would absolutely recommend Rob and his team to anyone looking for a defense attorney.- SA
