Posts tagged Rule 10b-5(b).
On March 1, 2016, the Eleventh Circuit Court of Appeals affirmed the Southern District of Florida in Fried v. Stiefel Labs., Inc., No. 14-14790, 2016 WL 787986 (11th Cir. Mar. 1, 2016), holding that the District Court had properly refused to give a portion of a jury instruction requested by the Plaintiff/Appellant Richard Fried concerning Rule 10b-5(b). Fried is the former CFO of Stiefel Labs. After resigning in 1997, Fried held 30.7881 share of common stock in an Employee Stock Bonus Plan and 10 shares of stock outside of the plan. In August 2007, Fried learned that Stiefel Labs had ...
Posted in: Eleventh Circuit Court of Appeals
Tags: burr forman, Eleventh Circuit interprets Rule 10b-5(b), Fried v. Stiefel Labs, Richard Fried, Rule 10b-5(b), securities litigation, Securities Litigation & Arbitration, Southern District of Florida, Steifel Labs