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Why People Need A Fort Lauderdale SEC Defense Law Firm

When many people hear the term “insider trading,” they think back to the case against Martha Stewart in 2004. In situations like this, it is always necessary to hire an experienced SEC defense law firm for representation.

Although Stewart was found guilty of several charges, insider trading was not one of them. This was a surprise to those who believe that she dumped 4,000 stocks in ImClone because she knew its cancer drug was about to be rejected by the Food and Drug Administration. Ultimately, though, Stewart and her broker were charged with lying about the transaction and altering records.

Mathews Giberson, LLP is a Fort Lauderdale SEC defense law firm. If you need representation, Call Us At 954-463-1929 Today!

Incidentally, not all insider trading is illegal. Legal insider training occurs when corporate insiders, such as employees and shareholders, buy and sell stock in their own companies. They are required to notify the SEC when making these trades by filing Forms 3,4 and 5. Online financial sites use insider information on a regular basis.

Insider trading becomes illegal when material information about a stock “is obtained in violation of any duty to any person and used to trade.” The SEC brings cases against individuals suspected of illegal insider training regularly. Since there are severe civil and criminal penalties involved, there are attorneys at SEC defense law firms in Fort Lauderdale and around the countrywho specialize in this type of law.

Why You May Need A Fort Lauderdale Business Attorney

There are several situations in which you might need a Fort Lauderdale business attorney.Here are five of them:

1) You Are Starting A New Business

Any time you start a new business, it can be very helpful to talk to a business attorney. There are so many pitfalls involved with preparing legal paperwork that sometimes it is worth the peace of mind that comes with knowing it’s been done properly.

2) Taxes

Although your accountant is the person to turn to for advice, a business attorney will make sure you have filled out the proper licensing forms and have federal and state tax ID numbers.

3) You Hire Employees

The number of federal and state laws associated with hiring an employee can be overwhelming. Knowing how to navigate the system is priceless information. A business attorney can help you develop a job description and decide which questions you should ask at the interview.

If you find yourself in any of these situations, contact a Fort Lauderdale business attorney at Mathews Giberson, LLP. To learn how we can help, Call Us At 954-463-1929 Today!

January 10, 2014 , by Walter Mathews

Please contact us at 954-463-1929 to discuss your particular needs. We look forward to hearing from you.