SEC Wins One, Loses One In Neff Insider Trading Suit

Law360, New York (June 14, 2011, 1:49 PM EDT) -- An insider trading case involving construction equipment rental company Neff Corp. concluded Monday in Florida, with a jury finding that one defendant illegally traded on advance information about Neff's merger with an investment company and another did not.

The jury ruled against Alberto J. Perez, a real estate consultant and close friend of Neff's former CEO who allegedly shared insider information with his brother. But it cleared Sebastian De La Maza, a Miami psychiatrist whose daughter is married to Neff's former CEO, of any wrongdoing....
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Case Information

Case Title

Securities and Exchange Commission v. Acord et al

Case Number



Florida Southern

Nature of Suit



Chris M. McAliley

Date Filed

July 15, 2009


Government Agencies

UK Financial Services

UK Financial Services

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