Neff CEO's Father-In-Law Renews Insider Trading Fight

Law360, New York (June 9, 2011, 6:49 PM EDT) -- The father-in-law of construction equipment rental company Neff Corp.'s CEO is trying to dodge claims that he engaged in insider trading before a 2005 merger, alleging in Florida federal court Thursday that the U.S. Securities and Exchange Commission's case is full of holes.

Sebastian De La Maza, a Miami psychiatrist, is accused of making $84,000 from insider trading after allegedly getting information about the Neff-Odyssey Investment Partners merger from his daughter Vivian Mas, who is married to Neff CEO Juan Carlos Mas.

The SEC claims that...
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