Insider Trading Whistleblower Lawyer
If you have knowledge of illegal insider trading, contact an insider trading whistleblower lawyer to find out if your information will be of interest to the SEC and result in a financial reward.
Insider trading is probably one of the most well-known of the many different types of securities fraud. Even so, many people don’t really understand what makes a particular stock trade qualify as insider trading. To make matters even more confusing, there are instances where insider trading is actually completely legal.
Because of this, many potential whistleblowers fail to recognize this stock fraud when they encounter it, missing the opportunity to tip off the Securities and Exchange Commission (SEC) and possibly collect a hefty financial reward. If you think you have information regarding insider trading but aren’t certain, you can submit a confidential tip for evaluation by an insider trading whistleblower lawyer from Meissner Associates for a definitive answer.
What Makes Someone an “Insider”?
Insiders come in a few different types when it comes to securities trading. The most obvious are corporate insiders: The people who make up the company’s officers and the shareholders who own more than 10 percent of the company’s stock.
Other insiders would be the employees of the company. These individuals can easily encounter information that isn’t publicly available that could give them an advantage concerning buying and selling the company’s stock. Possession of this type of information is the key to defining an “insider,” and it isn’t just limited to employees.
A company insider can pass the information onto a friend, relative, or acquaintance and the definition of insider trading would still apply because the information wasn’t available to the public at large. If you still aren’t sure if what you know involves this type of information, an insider trading whistleblower lawyer can make the determination by evaluating your confidential tip.
When Is Insider Trading Legal and Illegal?
Just because someone who meets the definition of an insider trades in a company’s stock, it doesn’t necessarily mean that the trade is illegal. To the contrary, as long as an insider doesn’t base his or her decision to buy or sell on information that isn’t in the public domain, the transaction can be perfectly legal. Note that these trades do need to be disclosed to the SEC through a Form 4, however.
If you are aware of an insider who has either failed to make this disclosure or whom you suspect of taking action based on insider information, then you may have knowledge of insider trading that will be of interest to the SEC. Should the SEC investigate and impose sanctions, you could receive a financial award of 10 to 30 percent of the money collected. In many cases, this could easily amount to millions of dollars.
Become an Insider Trading Whistleblower
By submitting your tip to Meissner Associates, you can receive a 100 percent confidential evaluation of the information you possess. We’ll inform you of how significant the insider trading you’ve encountered is and whether the SEC is likely to take action.
We’ve been helping whistleblowers expose securities fraud since 2001 and have recovered millions of dollars in rewards on behalf of our clients. Get help from an experienced insider trading whistleblower lawyer by completing the confidential tip submission form below or by calling 1-866-764-3100.