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Securities,
Civil Litigation,
Government

May 14, 2019

SEC to pursue insider trading case despite DOJ dismissal

An attorney representing the defendant said Monday he’ll bring a summary judgment motion that cites the dueling positions.

SEC to pursue insider trading case despite DOJ dismissal
U.S. District Judge David O. Carter

SANTA ANA -- Securities Exchange Commission attorneys confirmed Monday they're pursuing a civil case against an Orange County businessman accused of insider trading, despite the U.S. Department of Justice abandoning his criminal conviction after a co-defendant exonerated him.

David L. Parker's lawyer, Idaho sole practitioner George B. Brunt, plans to file a summary judgment motion based on the government's conflicting position in th...

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