Daily Archives: February 24, 2009, 3:52 pm

Former Assent Trader Sentenced to 63 Months in Prison in Insider Trading Prosecution

David Tavdy, a former trader at Assent LLC who pleaded guilty to participating in an insider-trading scheme that resulted in millions of dollars in profits, today received a sentence of more than five years in prison.  Reuters reports that Tavdy pleaded guilty to conspiracy and securities fraud a year ago after he admitted to buying nonpublic information from a former…

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Webcast Today, 2PM EST: Liability of Professionals in the Financial Crisis

Today, February 24, 2009, at 2:00 pm EST, Securities Docket will host a webcast entitled, “Liability of Professionals in the Financial Crisis” featuring two of the top lawyers in the securities litigation field. Stuart Grant of Grant & Eisenhofer P.A. and Michael Young of Willkie Farr & Gallagher LLP will addresses critical questions now arising as to the potential liability…

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