News & Resources

Wolosky and Freedman Co-Author Article for The Activist Report

September 15, 2014

The Activist Report, a prestigious shareholder activism monthly newsletter by 13D Monitor, published an article authored by Olshan partners Steve Wolosky and Andrew Freedman, including associate Timothy Knox as a contributor, entitled “Navigating the Uncertain World of Unlawful Insider Trading.” The in-depth article addresses recent increased regulatory scrutiny of investment strategies employed by activist investors and seeks to provide a basic understanding of the current insider trading laws, particularly those activities in which activists may be involved on a day-to-day basis. Three legal theories used to define unlawful insider trading are outlined in hopes to clarify the applicability of these insider trading rules in certain common circumstances involving activist investors. The article in its entirety can be viewed here.