Credit Suisse Securities v. Simmonds
Credit Suisse Securities is a company based out of Zurich, Switzerland. Their a bank that provides company loan for a wide range of clients.
Weather the two-year time limit for bringing a lawsuit under section 16(b) of the Securities Exchange Act of 1934 is fined when the defendant has failed to comply with the disclosure requirements of Section 16(a). The constitutional issue is that does the 2 year limit in Section 16(b) of the 1934 Securities Exchange Act to file certain insider trading claims begin if the insider has not done what he is supposed to do under Section 16(a)?
Weather the two-year time limit for bringing a lawsuit under section 16(b) of the Securities Exchange Act of 1934 is fined when the defendant has failed to comply with the disclosure requirements of Section 16(a). The constitutional issue is that does the 2 year limit in Section 16(b) of the 1934 Securities Exchange Act to file certain insider trading claims begin if the insider has not done what he is supposed to do under Section 16(a)?
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