SEC Suit Against Disney Insider's Boyfriend To Continue

Law360, New York (February 4, 2014, 5:56 PM EST) -- A California federal judge on Monday refused to stay a U.S. Securities and Exchange Commission insider trading suit against the boyfriend of a Walt Disney Co. corporate strategy extern with knowledge of the company's acquisition of Marvel Entertainment Inc., finding a pending criminal case against him would not conflict with the civil suit.

District Judge Dale S. Fischer rejected Toby G. Scammell’s argument that he would be deprived of his Fifth Amendment rights if forced to simultaneously litigate the SEC’s case — which entered the penalty...
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