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Litigation

Jun. 12, 2014

SEC losses raise questions about agency's strategies

Lawyers are questioning the Securities and Exchange Commission's strategies in the wake of high profile trial losses in cases involving allegations of insider trading.


By Henry Meier


Daily Journal Staff Writer


Several recent high profile trial losses for the Securities and Exchange Commission in cases involving allegations of insider trading are raising questions about the agency's strategies.


On Friday, a federal jury in the Central District cleared the former chief executive of sTec Inc. of hiding news its biggest customer wouldn't renew a $120 million supply contract. A week beforehand, federal j...

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