The U.S. Securities and Exchange Commission sued Carol E. Cohen and Austin Rotter Thursday in New York Southern District Court over alleged insider trading violations. The complaint accuses Rotter, who was employed at a PR firm that directly serviced The Trade Desk, of obtaining material non-public information regarding quarterly earnings of the Trade Desk and informing his mother of said information.
Relying on this information, Cohen allegedly bought 1,000 common stock shares and realized a $45,646 profit. Counsel have not yet appeared for the defendants. The case is 1:21-cv-09580, Securities and Exchange Commission v. Cohen et al.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
