Icahn Investigation Highlights Gray Area Of Securities Law

By Kaitlyn Kiernan (June 3, 2014, 6:43 PM EDT) -- Activist private equity and hedge fund investors who take large stakes in companies to put pressure on management can provoke big stock swings with a simple holdings disclosure or a tweet, but since those managers aren't insiders, they fall into a gray area for securities suits under U.S. insider trading laws as highlighted by recent scrutiny of Carl Icahn and Bill Ackman....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!