USA v. Peizer

Track this case

Case Number:

2:23-cr-00089

Court:

California Central

Nature of Suit:

Judge:

Dale S. Fischer

Firms

  1. March 08, 2024

    Judge Keeps Novel Insider Trading Indictment Alive

    A California federal judge has refused to throw out a novel insider trading indictment against a former healthcare CEO, saying that the federal prosecutors provided sufficient information to sustain their allegations that the executive acted criminally by shedding millions of dollars worth of stock at the same time an important client relationship was nearing its end. 

  2. January 09, 2024

    DOJ Can't 'Salvage' Novel Insider Trading Case, Exec Says

    The former healthcare CEO at the center of a novel insider trading indictment has moved to dismiss the criminal charges against him, arguing prosecutors failed to allege that shareholders were kept in the dark about a faltering customer relationship while the executive prepared to sell off millions of dollars worth of stock.

  3. March 06, 2023

    DOJ Cautions Execs With Novel Insider Trading Case

    An insider trading indictment against a CEO that the U.S. Department of Justice has hailed as "groundbreaking" may have meant to serve as a warning to executives leaning on so-called 10b5-1 trading plans to stay out of trouble, but it's unlikely to lead to a flood of similar prosecutions, experts told Law360.