S.E.C. v. HUANG

CIVIL ACTION NO. 15-269.

186 F.Supp.3d 380 (2016)

SECURITIES AND EXCHANGE COMMISSION v. Nan HUANG.

United States District Court, E.D. Pennsylvania.

Signed May 9, 2016.


Attorney(s) appearing for the Case

David L. Axelrod , Christopher Reynolds Kelly , G. Jeffrey Boujoukos , U.S. Securities & Exchange Commission, Philadelphia, PA, for Securities and Exchange Commission.

Gregory Morvillo , Eugene Ingoglia, Morvillo LLP, New York, NY, Mark Billion , Billion Law, Philadelphia, PA, Jason Somensatto , Morvillo LLP, Washington, DC, for Nan Huang.


MEMORANDUM

After considering admitted evidence, the jury returned a verdict finding Nan Huang bought and sold securities based on material insider information admittedly derived from his employer's confidential credit card revenue data. After denying the Plaintiffs motion for summary judgment...

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