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According to the SEC’s complaint, filed in federal district court in California, Hong and Jiang generated profits of approximately $8.5 million by trading in the securities of Sagent in advance of a July 11, 2016 announcement about the company’s acquisition. The complaint alleges that the couple obtained confidential information about the acquisition directly or indirectly […]
BakerHostetler announced today that David Aronoff has joined the firm’s Litigation Practice Group as a partner in Los Angeles. During his more than 30-year career, Aronoff has handled a broad range of complex litigation matters, including financial services litigation under the Financial Industry Regulatory Authority (FINRA), securities work, business disputes and products liability. Aronoff led […]