• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
FTI 480x60
  • Class Actions
  • Criminal
  • Global
  • People
  • SD Insider
  • SEC
  • Video
  • Subscribe by email
  • Subscribe
Browse: Home / 2008 / August / 21 / Federal Court Dismisses SEC Insider Trading Case

Federal Court Dismisses SEC Insider Trading Case

By Securities Docket on August 21, 2008, 5:14 pm

On Wednesday, U.S. District Court Judge Graham Mullen dismissed on summary judgment the SEC’s case against John Mangan, Jr. alleging insider trading. The case focused on a single trade made more than six years ago in 2001 when Mangan worked for the Charlotte office of Friedman, Billings, Ramsey.  Mangan was represented in the case by George Covington of King & Spalding and James Wyatt of Wyatt & Blake, LLP. 

In a press release, Mangan stated that “I fought this case because I knew that I did nothing wrong.  I could not allow the SEC to derail my career over unfounded accusations. This ordeal has been extremely difficult for me, my entire family and my former colleagues and employees. I am proud to have my name and integrity vindicated and am eager to move on with my life.”
Read the Mangan press release

Blog Widget by LinkWithin

Posted in SEC | Tagged Insider Trading

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

Ankura 260x250

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2022 Securities Docket.

Powered by WordPress and Hybrid.