Rare Defense Win in FINRA Disciplinary Hearing

Trader at Prominent Bank

HNRK successfully defended a client against insider trading allegations in a rare win against FINRA in its in-house court. Our client, an equities trader at a prominent bank, was accused of buying shares of a supposed takeover target based on an alleged insider tip. A FINRA panel dismissed the case against our client in its entirety following a multi-day disciplinary hearing.