Legal Opinion
Securities & Exchange Commission v. Sargent
Court of Appeals for the First Circuit
Decided May 15, 2003No. 02-1672PublishedCited by 69 opinions
1Opinion of the Court
TORRUELLA, Circuit Judge.
Defendant-appellee Dennis J. Shepard illegally shared confidential information regarding an upcoming tender offer with defendant-appellee Michael G. Sargent, who profited by using the information to trade in the target’s stock. Sargent recommended the target’s stock to co-defendant Robert Scharn, who also realized profits on the trades. In a civil enforcement action brought by plaintiff-appellant Securities and Exchange Commission (“SEC”) against Shepard and Sargent, a jury found the defendants hable for violating Section 14(e) of the Securities Exchange Act, 15…
2Cases cited22 opinions
- Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
- Aaron v. Securities & Exchange CommissionSupreme Court of the United States · 1980
- Securities and Exchange Commission v. Manor Nursing Centers, Inc.Court of Appeals for the Second Circuit · 1972
- United States v. O'HaganSupreme Court of the United States · 1997
- Securities and Exchange Commission v. First City Financial Corporation, Ltd.Court of Appeals for the First Circuit · 1989
17 more not listed; retrieve them via the Exa API.
3Cited by69 opinions
- Securities and Exchange Commission v. Joseph J. MonterossoCourt of Appeals for the Eleventh Circuit · 2014
- Securities & Exchange Commission v. HappCourt of Appeals for the First Circuit · 2004
- S.E.C. v. RajaratnamCourt of Appeals for the Second Circuit · 2019
- Securities & Exchange Commission v. EspositoDistrict Court, D. Massachusetts · 2017
- Securities & Exchange Commission v. DruffnerDistrict Court, D. Massachusetts · 2007
64 more not listed; retrieve them via the Exa API.