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.
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Read Our Client Testimonials
At May McKinney, your satisfaction is our priority! See for yourself what our clients have to say about working with us.
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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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"Repeat offender facing time"When I got I hemmed up in Gallatin and caught two charges, I was told I was facing 180 days plus an extra 180-365 days serving time. I told my folks I was tired of taking chances with amateurs when It came to a legal defense lawyer. I initially called Frank Lannom's office, but they regrettably informed they did not practice in Sumner but they knew who did that was just as good and experienced. They gaveme the number to Mr. McKinneys office here. I called them up and Ms Savannah Edmonds met with me that day on a zoom meeting. I gave a very professional summarization of my charges , sentance they carried, as well as the exact figure they would charge. She even called me back to correct herself on something she said wrong. I thought that was exceptionally professional. Needless to say I knew May and McKinney were the lawyers I want defending me. It's easy to make back money. You can't get your time back. Anyway today was the first day of court with my Lawyer. And my first offer was "both charges dismissed" . Now you can't get much better than that. If you want to save money, take the amateurs and risk loosing your life, your name, your integrity or hire the professionals of May and McKinney and get results. Remember "you get what ya pay for" and with May and Mckinney it's well worth every penny !- Robert F.
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"Complete Confidence"Little words cannot express the gratitude we have for you! From the very first day we walked into your office, we had complete confidence in you and your staff.- Jack & Jessi
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"Forever Grateful"Thank you for helping me to not only resolve a recent legal matter, but also pointing me in the direction of freedom from a past criminal record. I am clean and free, and I have a clear record for the first time in 12 years.- Rachel
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"You Have Proven Yourself"Thanks once more for your ability to get it reduced and if I ever need legal assistance in the future, you have proven yourself to me.- A.W.
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"Best defense lawyer in the middle Tennessee area"So I was charged with schedule 2 simple poss and paraphernalia. His excellence got it dropped to a simple paraphernalia charge with unsupervised probation! It was a mandatory 30 days in jail to basically nothing but fines. Well worth every penny. If you need a lawyer call this guy immediately. He'll do everything he can with a smile to give you the best results possible. Thank God for Rob Mckinney!!!- Daniel Himes
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"No Nonsense, Willful & Determined"My reputation is restored thanks to Ms. Riddle and May McKinney.- Mark
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"Do not give up hope"Words cannot express my gratitude and appreciation to Rob McKinney and his entire law firm. This was my first experience with needing legal representation. After speaking with other attorneys, I was told that there was not much they could be do for me. I was fully aware that the odds were stacked against me and I was losing hope. Mr. McKinney told me that he would fight for me and that is exactly what he did. I could not have asked for a better outcome. I highly recommend this firm- Anonymous
