The securities laws say you cannot make use for personal gain of confidential information you obtained in a fiduciary capacity. If the First Boston analysts made no use of it, then there is not an issue. There also is an issue of whether the information they obtained was confidential and material. -Robert Litt

 

The securities laws say you cannot make use for personal gain of confidential information you obtained in a fiduciary capacity. If the First Boston analysts made no use of it, then there is not an issue. There also is an issue of whether the information they obtained was confidential and material.


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This quote is just one of 2 total Robert Litt quotes in our collection. Robert Litt is known for saying 'The securities laws say you cannot make use for personal gain of confidential information you obtained in a fiduciary capacity. If the First Boston analysts made no use of it, then there is not an issue. There also is an issue of whether the information they obtained was confidential and material.' as well as some of the following quotes.

There is an increasing sense that defense lawyers have become an arm of prosecutors. Their job will be to investigate and report to the government.

Robert Litt

The securities laws say you cannot make use for personal gain of confidential information you obtained in a fiduciary capacity. If the First Boston analysts made no use of it, then there is not an issue. There also is an issue of whether the information they obtained was confidential and material.

Robert Litt