S.E.C. v. RORECH

No. 09 Civ. 4329(JGK).

673 F.Supp.2d 217 (2009)

SECURITIES and EXCHANGE COMMISSION, Plaintiff, v. RORECH, et al., Defendants.

United States District Court, S.D. New York.

December 10, 2009.


Attorney(s) appearing for the Case

Bruce Karpati, Assistant Regional Director, Richard G. Primoff, Nancy A. Brown, Panayiota Kilaras Bougiamas, U.S. Securities and Exchange Commission, New York, NY, for Plaintiff.

Richard Mark Strassberg, Maryana Zubok, Goodwin Procter, LLP, Lawrence Iason, Linda Fang, Morvillo, Abramowitz, Grand, Iason, Anello & Bohrer, P.C., New York, NY, Roberto M. Braceras, Goodwin Procter, LLP, Boston, MA, for Defendants.


OPINION AND ORDER

JOHN G. KOELTL, District Judge:

The Securities and Exchange Commission ("SEC") brought this case against defendants Jon-Paul Rorech and Renato Negrin for alleged insider trading in credit default swaps ("CDSs") in violation of Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act"), 48 Stat. 891, codified as amended at 15 U.S.C. § 78j(b), and Rule 10b-5, 17 C.F.R. § 240.10b-5, promulgated thereunder. The defendants...

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