It’s not frivolous, almost by definition, if you win a lawsuit. You can disagree with this court’s judgement on all sorts of issues, but Germany isn’t usually known to be a banana republic with corrupt and/or completely incompetent judges.
[in 2016] the FEC Charged 78 parties in cases involving trading on the basis of inside information.
A number of these cases involved complex insider trading rings which were cracked by Enforcement’s innovative uses of data and analytics to spot suspicious trading.
For example, brought insider trading cases against:
- two hedge fund managers and their source, who was a former employee of the U.S. Food and Drug Administration
- a former Goldman Sachs employee
- a former senior employee at Puma Biotechnology Inc.