Ep. 213: Forget Insider Trading, Lets Talk About 'Shadow Trading'
You\u2019ve probably heard of insider trading, but what about \u201cshadow trading\u201d? Federal regulators are pursuing a novel civil lawsuit that claims a pharma executive broke the law by using insider information about his own company to get rich \u2014 only he did it by buying another company\u2019s shares. Law360 securities law reporter Dean Seal joins us this week to talk about the phenomenon of shadow trading and how the regulators are trying to crack down. Also this week: Nirvana is hit with a child pornography lawsuit over the naked child on the cover of an iconic album; the Supreme Court weighs in on a Trump-era \u201cremain in Mexico\u201d policy; and Steve Harvey heads to television court to serve as a judge.