Refusing to Buckle to SEC Intimidation

On May 30, I stood outside the federal courthouse in Manhattan after a jury unanimously found me, my investment fund and all of my co-defendants innocent of insider trading. Although we had done nothing wrong, we were the target of a 12-year campaign by the Securities and Exchange Commission to intimidate us into settling the case. The campaign led to a courtroom battle with our small firm used as political cover in a war involving much larger players.

We won the case, after incurring more than $12 million in legal and…

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