• Home
  • About
  • Webcasts
  • ‘Enforcement 40’ for 2020
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Ankura 480x60
  • Class Actions
  • Criminal
  • Global
  • People
  • SD Insider
  • SEC
  • Video
  • Subscribe by email
  • Subscribe
Browse: Home / 2011 / March / 31 / Why SEC May Not Bring Charges Against Sokol

Why SEC May Not Bring Charges Against Sokol

By Securities Docket on March 31, 2011, 8:03 pm

Bradley Bondi, partner at Cadwalader, Wickersham & Taft LLP in Washington and New York, said that it appears that Sokol didn’t possess any material non-public information about whether Berkshire Hathaway was going to buy Lubrizol stock when he bought his stake….

Bondi added that a different situation might be insider trading if Berkshire Hathaway was preparing to buy a large stake of Lubrizol stock, and Sokol acquired a stake for himself based on that information knowing its stock price would increase substantially after the Hathaway investment.

Read more: Why SEC may not bring charges against Sokol — MarketWatch

Blog Widget by LinkWithin

Posted in SEC | Tagged Insider Trading

« Previous Next »

‘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 © 2021 Securities Docket.

Powered by WordPress and Hybrid.