Securities and Exchange Commission v. Chen et al

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Case Number:

1:18-cv-10657

Court:

Massachusetts

Nature of Suit:

Securities/Commodities

Judge:

F. Dennis Saylor, IV

Firms

Government Agencies

  1. January 30, 2025

    SEC's Trial Win In VistaPrint Insider Trading Case Stands

    A Massachusetts federal judge on Thursday rejected a Lexington man's contention that his conviction for trading VistaPrint options off of nonpublic information resulted from an inconsistent jury verdict, but said the U.S. Securities and Exchange Commission's request he pay $1.8 million in civil penalties for the insider trading was too much.

  2. February 04, 2020

    SEC Wins Vistaprint Insider Trading Trial In Boston

    A Massachusetts federal jury sided with the U.S. Securities and Exchange Commission and found that a suburban Boston man who made more than $800,000 trading stock in the marketing company Vistaprint did so using inside information he got from either a close friend who worked with the company or her husband.

  3. January 31, 2020

    SEC Says Vistaprint Trader's Trial Must Go To The Jury

    The U.S. Securities and Exchange Commission said a jury should decide whether a Massachusetts man netted nearly $1 million by hitting on risky trades with the help of a friend working for Vistaprint, according to a midtrial filing late Thursday.

  4. April 05, 2018

    SEC, Feds Say Vistaprint Insider Helped Man Net Nearly $1M

    A suburban Boston man used inside information from a close friend working with Massachusetts-based Vistaprint to reel in nearly $1 million in illegal gains by hitting on risky insider trading bets, according to a complaint filed Thursday in federal court by the U.S. Securities and Exchange Commission and a parallel federal indictment.