Defendant Name:
Raymond James Financial Services, Inc.
Defendant Type:
Subsidiary of Public Company
Document Reference:
LR-22738
Document Details
Legal Case Name
SEC v. Mack D. Murrell, et al.
Document Name
SEC Charges Three with Insider Trading On Confidential Acquisition Negotiations Between Rohm & Haas and Dow
Document Date
01-Jul-2013
Document Format
Civil Proceeding
Case Number
13-cv-12856
Federal District Court
Michigan, Eastern District of Michigan
Allegation Type
Insider Trading
Document Summary
On July 1, 2013, the SEC filed a complaint against Mack D. Murrell, David A. Teekell, Charles W. Adams, and Raymond James Financial Services, Inc. (as a relief defendant) for unlawful insider trading and tipping ahead of the July 10, 2008 public announcement that The Dow Chemical Company would acquire Rohm & Haas Co. According to the SEC: "Teekell has agreed to settle the SEC's charges and pay approximately $1.1 million in disgorgement, prejudgment interest, and a civil penalty."
Other Defendants in Action: