Scott Friestad Quotations

Mr. Menezes had access to better information than the public did about Argentina. He knew the company was going to miss analysts' earnings expectations.

This case is an example of our continuing efforts to hold auditors and other gatekeepers responsible for failing to fulfill their professional obligations.

This case is an example of our ongoing effort to stamp out fraud and abuses by investors in the PIPEs market, and it will continue.

This case is a reminder that cashless exercise transactions are no different from other stock sales from a legal standpoint. Executives are under a duty not to trade when they have material information that the market does not.