What is insider trading?

Insider trading is a type of white collar crime that involves the purchase or sale of a security of a publicly traded company by someone who has access to non-public information about the security. This type of fraud is illegal and punishable by law. Insider trading occurs when an individual or group takes advantage of information that is not available to the public. This information can be obtained from company employees, outside experts, or other sources who have knowledge of the company’s financial records. In New Jersey, insider trading is a serious offense. If convicted, the perpetrator may be subject to imprisonment of up to 10 years and/or a hefty fine of up to $1 million. In addition, the court may impose a one-time disgorgement of illegally obtained profits. Insider trading is an extremely serious and complex offense. If you have been accused of or charged with insider trading, it is important to seek legal representation as soon as possible. An experienced white collar attorney can help defend you against the charges and protect your rights.

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What is insider trading?

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