SEC Defeats Motion to Dismiss Brought by Tipper in Insider Trading Case
July 16, 2025
July 16, 2025
WASHINGTON, July 16 -- The Securities and Exchange Commission issued the following litigation release (No. 1:21-cv-05923; S.D.N.Y. filed July 9, 2021) involving Eric J. Watson:
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On June 30, 2025, the U.S. District Court for the Southern District of New York denied defendant Eric J. Watson's motion to dismiss the SEC's insider trading claim against him. The SEC's complaint, filed on July 9, 2021, alleges Watson, who was an insider and controlling shar . . .
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On June 30, 2025, the U.S. District Court for the Southern District of New York denied defendant Eric J. Watson's motion to dismiss the SEC's insider trading claim against him. The SEC's complaint, filed on July 9, 2021, alleges Watson, who was an insider and controlling shar . . .