People close to Loeffler are advising her to meet directly with securities regulators including those at the Securities and Exchange Commission, Wall Street’s top cop, and make her case that the stock sales were not based on illegal “insider” information. The game plan is to get regulators to publicly state that Loeffler’s stock sales were legal and that their blessing would end the controversy that could cost Loeffler her Georgia Senate seat in the November election, these people add.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn