Thursday - January 1, 2026
Litigation: SEC Obtains Final Judgment Against Florida Resident for Insider Trading Scheme
January 12, 2024
WASHINGTON, Jan. 12 -- The Securities and Exchange Commission issued the following litigation release (No. 1:22-CV-10023; D. Mass. filed Jan. 6, 2022) involving Sakal Capital Management LLC, Sakal U.S. Fund LLC, David Schottenstein, Kris Bortnovsky and Ryan Shapiro:

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On January 8, 2024, the U.S. District Court for the District of Massachusetts entered a final judgment against Florida resident David Schottenstein for misappropriating inside information about three c . . .

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