United States Eleventh Circuit

As defendant was properly found by the jury to have violated insider trading provisions, the civil penalty is reinstated; the call/trade pattern occurrences, coupled with the jury's right to disbelieve the innocent explanations of the calls and trades, are enough to support the verdict. Given the likelihood that he will violate securities laws again, he is enjoined from violating the securities laws in the future.

Appellate Information

• Decided 03/19/2004
• Published 03/19/2004

Judges

• CARNES, Circuit Judge:, Before EDMONDSON, Chief Judge, and CARNES and DUHÉ , Circuit Judges.

Court

• United States Eleventh Circuit

Counsel

• For Appellant:
  
• John W. Avery, Eric Summergrad, Randall W. Quinnn, SEC, Washington, DC, for Plaintiff-Appellant.


• For Appellees:
  
• DeMaurice Fitzgerald Smith, David Aaron Becker, Justin R. Rhoades, Everett C. Johnson, Jr., Washington, DC, for Defendant-Appellee.