As I have mentioned on numerous occasions, California has its own insider trading statute - California Corporations Code Section 25402. The statute is included in the California Corporate Securities Law of 1968. In general, the jurisdiction of...
Judge Rules Internal Affairs Doctrine Governs California Insider Trading Statute
Posted on November 14, 2017
Federal Judge Rules Out Private Cause Of Action Under California Control Person Statute
Posted on May 12, 2017
Some persons may be deemed to violate the Corporate Securities Law of 1968 even though they did not directly violate the law. Corporations Code Section 25403(a) provides that a person who with knowledge directly or indirectly controls and induces...
