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S.E.C. v. BINETTE

C.A. No. 09-30107-MAP.

679 F.Supp.2d 153 (2010)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff v. Carl E. BINETTE and Peter E. Talbot, Defendants.

United States District Court, D. Massachusetts.

January 13, 2010.

Attorney(s) appearing for the Case

C. Ian Anderson, Panahi D. Drew, U.S. Securites and Exchange Commission, Miami, FL, for Plaintiff.

Peter M. Bizinkauskas, Office of Attorney Peter M. Bizinkauskas, Duxbury, MA, Defendants.

MEMORANDUM AND ORDER RE: REPORT AND RECOMMENDATION WITH REGARD TO DEFENDANTS' MOTIONS TO DISMISS

(Dkt. Nos. 5, 10 & 13)

PONSOR, District Judge.

I. INTRODUCTION

The Securities and Exchange Commission ("SEC") has brought this action asserting that Defendants Peter E. Talbot ("Talbot") and his nephew Carl E. Binette ("Binette") engaged in insider trading in violation of Section 10(b) of the Securities Exchange Act of 1934...

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