At trial Mr. Parker was charged with having illegally tipped Mr. Van Gilder prior the 2007 quarterly announcement and the announcement about Tracinda in 2008. He was also charged with having tipped Mr. Reiman about the Tracinda investment. Following a seven day trial the jury returned a verdict finding in favor of Mr. Parker on each claim.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn