Miami Insider Trading Lawyers
Don’t Let an Insider Trading Accusation Ruin Your Reputation
Insider trading has made headlines numerous times and has been the subject of documentaries as well as major motion pictures and television shows, but it is still often misunderstood. It can be difficult for any person, even a broker or other securities professional, to clearly define the precise line between the legal and illegal exchange of stock market information.
If you are under investigation for or have been accused of insider trading, you need to move fast and secure the representation of a firm with a reputation for success in this complex field. You need and deserve a legal team that knows how to deal with the U.S. Attorney’s Office and the Securities and Exchange Commission (SEC) to preserve your rights and interests.
Beckham Solis, Attorneys at Law delivers seasoned federal defense counsel in the face of insider trading investigations and charges. Our team of Miami insider trading attorneys has over 35 years of combined legal experience and includes a former prosecutor and former public defender. We are known for our aggressive yet strategic advocacy both in and out of federal courtrooms.
For more information on insider trading charges and your rights, call Beckham Solis, Attorneys at Law or fill out our contact form online. We offer free initial consultations!
VICTORY BEGINS WITH BECKHAM SOLIS
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Aggravated Battery on an Elderly Person – Charges DismissedAt 4:53 pm officers responded to a disturbance and upon arrival met with the elderly victim who stated that the Defendant and her had gotten into a verbal disagreement which then escalated into a physical altercation. The Defendant had struck the victim with a broom stick, a piece of a door frame and slapped her several times in the face with an open palm. The Defendant also placed a cloth towel into the victim’s mouth and held it there as she began to choke. Victim had an abrasion on her left forearm, lower back pain and shoulder pain. The Defendant was arrested and charged with aggravated battery on an elderly person.
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2nd Degree Murder – Case DismissedAt 7:43 PM, the Defendant who was a Miami-Dade Public Transit employee surrendered at the Miami-Dade Police Department. The Defendant and the victim engaged in a heated verbal dispute over which exit door the victim was supposed to utilize. The victim was belligerent and yelled obscene remarks to the Defendant who remained on the driver’s seat. The victim reached the Defendant driver’s side window and states the Defendant yelled “F****, Die b****, Jesus is going to kill you.” The Defendant proceeded to intentionally drive and steer the bus in the direction of the victim, cause the bus to run over the victim, leaving the victim under the bus. The victim was transported to Aventura Hospital in critical conditions. The victim sustained fractures to his left foot, left acetabular fracture, C5/ 6 interior superior end plate fractures, C4 transverse process fracture, left pulmonary contusions, contusions to the right hip, and abrasions to the right knee. The Defendant was charged with 2nd degree attempted murder.
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Felony Attempted Burglary – Case DismissedAt 10:50 PM, law enforcement was dispatched in emergency mode to respond to a burglary in progress. The officer made contact with victim and he stated that he observed through the peep hole a male with a black shirt wearing a mask and hitting his apartment door with a hammer. The Defendant was attempting to gain force entrance. Victim 1 stated that the Defendant looked like his neighbor who had several disputes in the past with others neighbors and provide the officer with the Defendant’s apartment number #107. The officer made contact with the Defendant and his grandmother. The grandmother stated that the Defendant keeps the hammer in his closet and provide it to the officer. The witness who lives nearby said she heard a loud noise and stepped outside to see what it was. The witness observed the Defendant hammering the door and described the Defendant. She also stated she recognized him as a male who lives in APT#107. The Defendant matched the description and was arrested, charged with Felony Attempted Burglary of an occupied dwelling.
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Felony Exploitation – Case DismissedThe Defendant was employed as social workers and assigned as the caretaker of several elderly people including the 68 years old victim. The Defendant was in a position of trust and had access to the social services office where the victim’s money was kept in a locked box. The box was checked on 07/22/2019 and was missing $200. The Defendant denied taking the money and was taken into custody on a separate charge. The Defendant then admitted to going into the victim’s box and stealing the $200 and was arrested, charged with felony exploitation of an elderly and disabled person.
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Aggravated Assault w/ Deadly Weapon, Domestic Violence, and Child Abuse – Case DismissedAt 4:28 PM, officer was dispatched in reference to a domestic disturbance between a father and son. Upon arrival, the officer made contact with the Defendant who stated he had a physical altercation with his father. The Defendant stated that he arrived to the residency where he lives with his mother and father; and then a verbal argument ensued with his father which led them to confronting each other in the backyard of the residence. The Defendant also states that his father struck him on the right side of his face causing a litigation to his right eyebrow. The officer observed a strong odor of alcohol from the Defendant. The victim stated the Defendant arrived to the residence in a bad mood and began to argue with his mother at which time the victim intervened. The victim also states that the Defendant repeatedly struck him while they were on the ground. The mother of the Defendant then confirmed this. The Defendant was arrested and charged with aggravated assault with a deadly weapon, domestic violence strangulation, and child abuse.
Types of Nonpublic Information That Can Lead to Insider Trading Charges
“Nonpublic information” refers to data or insights related to a company's performance or plans that have not been disclosed to the general public. You can face insider trading charges if there is evidence or a perception you used your access to such information to gain an unfair advantage in trading securities. If you have any indication that you are under investigation for this white-collar crime, do not wait to start discussing your legal options with our Miami insider trading lawyers.
Some key categories of nonpublic information include:
- Earnings reports. Companies often release quarterly and annual earnings, but trading on this information before it becomes public can constitute insider trading. This includes projections about earnings that have not yet been disclosed to the public.
- Mergers and acquisitions. Information regarding impending mergers, acquisitions, or significant corporate restructuring can dramatically affect stock prices. Anyone who trades on these types of developments before they are announced to the market can face serious legal consequences.
- Management changes. Inside knowledge of forthcoming resignations, firings, or appointments of key executives can influence stock performance. Trading on this information while it remains nonpublic could lead to insider trading charges.
- New product launches. Trading on the knowledge that a company is on the verge of launching a new product or technology that is expected to significantly boost revenue while it is undisclosed to the public constitutes insider trading.
- Regulatory decisions. Companies in regulated industries may have advanced knowledge of pending regulatory approvals or denials. Acting on this knowledge before public disclosure can constitute insider trading.
- Stock buybacks. Private knowledge of a company's plans to repurchase its own shares can give insiders an advantage in trading. If they buy shares before such information is made public and the price subsequently rises, they could face insider trading charges.
Contact Our Law Firm Today If You Are Facing Insider Trading Charges
Our Miami insider trading lawyers at Beckham Solis, Attorneys at Law can offer immediate, experienced guidance related to any warrant, investigation, informal allegation, or charge related to buying or selling securities based on “insider” information. The line between legal and illegal trading practices can be blurred by conflicts between federal statutes and precedents set by case law. Put our understanding of these matters to work for you by contacting our offices for a complimentary consultation.
Learn more about how we can aggressively defend you by calling (786) 244-8010 or contacting us online!
hear how we made a difference
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"They went above and beyond with closing everything in a timely manner."
The staff at Beckham Solis did an amazing job handling my case. They went above and beyond with closing everything in a timely manner. They were very reasonable with pricing and very flexible with payment. Barbara was very helpful answering any questions or concerns that I had. I highly recommend these law professionals to handle any legal matters you may need resolved.
- Joel D. -
"They made a difficult situation better."Few years back I ran into some legal trouble and was recommended to Beckham Solis by a friend. I had never had to deal with any of this so, it was quite terrifying, to be honest. I walked into his office a nervous wreck, walked out confident and taken care of. Great service. Answers all calls whenever you need help and advice; they made a difficult situation better. I greatly recommend this firm the best !- Carlens E.
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"Great response rate, amazing customer service."Beckham Solis, Attorneys at Law, has always been available to answer all my questions. They offer a great response rate, amazing customer service, and a team that genuinely cares about its clients. Thank you, everyone, for everything!- Fabrizio Q.
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"Professional, attentive, and efficient."Service has been top-notch since February. Beckham Solis, Attorneys at Law, are professional, attentive, efficient, experienced, and qualified. My case was quickly resolved, and I'm very thankful. Extremely happy with the outcome and highly recommend this firm.- Carolina G.
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"Experience, expertise, and support."I worked with Beckham Solis, Attorneys at Law, for two years. Their experience, expertise, and support helped me make the best decision to save my life. I was facing serious time, but it was all adjudicated. They got me out of the worst time of my life. Th- J.D.
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"Knowledgeable, skilled professionals!"I'm so happy I found these lawyers on the Internet. I was very nervous and scared when I walked into the office, thinking a bad outcome could change my life drastically. They were able to get my case dismissed! I highly recommend Beckham Solis, Attorneys a- Leonel D.
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"Thanks to their experience and hands on attitude my case was dismissed."
I highly recommended Beckham & Solis, for a top notch professional & straight forward criminal defense representation. They are fast, on point & available at anytime. Thanks to their experience and hands on attitude my case was dismissed. It is a total life changer. Thanks so much to the whole team you are the Best!
- Luis C. -
"Top notch attorneys and staff that are fully committed."
Top notch attorneys and staff that are fully committed to walking you through every step of the legal process. I would recommend this legal powerhouse to anyone who is seriously looking to challenge their case and expecting a positive outcome. Thank you for everything Beckham and Solis!!
- Steve B.
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What Is Insider Trading, and Who Can Face These Charges?
The SEC defines insider trading as “buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, on the basis of material, nonpublic information about the security.” Virtually any person could face insider trading charges, not just corporate officers or directors who may be privy to confidential information.
Insider trading charges have been filed against:
- Government employees for trading based on confidential information they learned as a result of their employment, clearance, or job duties
- Corporate officers and directors for trading securities relating to their corporations based on confidential or insider information they have learned because of their positions and access
- Employees of corporations who trade based on confidential information they have regarding their employers, such as mergers, layoffs, acquisitions, or other significant matters
- Employees of law firms, brokerage firms, printing companies, or banks who trade based on information they’ve learned as a result of the services they provide to these corporations
- Friends, family members, or others who misappropriated and utilized confidential information from employers, friends, or romantic partners to trade securities.
- Friends, associates, family members, or other parties who trade based on tips or information provided by insiders, such as corporate officers or employees
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Lack of materialityIn securities law, material information is defined as information that a reasonable investor would consider important when making investment decisions. Demonstrating that the information was insignificant or irrelevant to potential investors may weaken the prosecution's case.
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No intent to trade on nonpublic informationWe may argue that you did not intend to trade on nonpublic information, suggesting instead that your trades were based on publicly available information or other business metrics unrelated to insider data. Proving a lack of intent can be a powerful argument, especially if you can show a pattern of trading that aligns with market movements rather than inside knowledge.
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Established trading plansAnother potential defense strategy involves the use of pre-established trading plans. These plans allow insiders to set up predetermined schedules for buying or selling shares, thus removing the element of discretion when they possess nonpublic information. If we can demonstrate that your trades were conducted in accordance with a safe harbor plan, we may be able to successfully combat the charges, as these plans are designed to help avoid insider trading violations.
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Public informationDemonstrating that the information used to make trading decisions was already publicly available can serve as a robust defense. This defense may be available if there is evidence that your trading was based on facts accessible to all investors. This often involves a detailed review of the timing and nature of the information cited by the prosecution.
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Mistaken belief of legalityIn some cases, we may argue that you genuinely believed your actions were legal, citing a lack of clarity in insider trading laws or misunderstandings about your specific case. While this defense is less common, it may resonate with juries or judges, especially if you have taken steps to comply with regulatory requirements.
Potential Defense Strategies for Insider Trading Charges
Here are some defense strategies we could pursue depending on the circumstances of your case:
Our Miami insider trading attorneys have extensive experience navigating the complexities
of securities law and can explore a range of defense strategies in our effort to
achieve the best possible outcome for your case. From examining the nuances of the
insider information and context that led to the trading activity to assessing your
intentions and knowledge, our legal team can work diligently to build a robust defense.
Why Partner with Beckham Solis, Attorneys at Law?
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Distinguished ReputationOur reputation is backed by numerous awards and recognitions.
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Comprehensive Team ApproachWe give you the benefit of three accomplished attorneys.
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35 Years of Combined ExperienceOur team will help you get the results you deserve.
