Ep. 213: Forget Insider Trading, Let’s Talk About 'Shadow Trading'

You’ve probably heard of insider trading, but what about “shadow trading”? Federal regulators are pursuing a novel civil lawsuit that claims a pharma executive broke the law by using insider information about his own company to get rich — only he did it by buying another company’s shares. Law360 securities law reporter Dean Seal joins us this week to talk about the phenomenon of shadow trading and how the regulators are trying to crack down. Also this week: Nirvana is hit with a child pornography lawsuit over the naked child on the cover of an iconic album; the Supreme Court weighs in on a Trump-era “remain in Mexico” policy; and Steve Harvey heads to television court to serve as a judge.