Lorenzo v. SEC Archives - Jackson & Campbell, P.C.

27 Mar 2019 |

SCOTUS Opinion: Supreme Court Broadens SEC’s Ability To Punish Disseminators Of False Information

In Lorenzo v. SEC, Lorenzo disseminated false information that his boss provided to him, and which he knew was false, regarding the value of a company pursuant to a debenture offering. The SEC charged him with having violated Rule 10b-5 of the Securities and Exchange Commission, which makes it unlawful to (a) “employ any device, scheme, or artifice to ... Read More

TAGGED: scotus, Securities And Exchange Commission, SCOTUS opinion, Lorenzo v. SEC, Rule 10b-5, Janus Capital Group Inc. v. First Derivative Traders