LANDMARK LAWSUIT FILED AGAINST SEC TO PROTECT ALL WHISTLEBLOWERS

Settlements Achieved with Insider Trading Ring of Family, Friends and Associates

"SEC v. Roger H. Licht, Steven L. Weston, Robert P. Korda, William J. Barisoff, Lynn Weston, Seymour J. Melnik, Andrew K. Licht, D. Mark Sandelson and Ronald B. Schilling"

1999
$439,400

Defendant R. Licht, an attorney, was counsel for Medco Containment Services, Inc. and Synetic, Inc., and defendant S. Weston was the president of Leisure Concepts, Inc. and R. Licht’s friend and brother-in-law. The SEC charged them with sharing insider information about these companies with each other and with the remaining co-defendants, who obtained illegal profits totaling more than $200,000 over a fourteen-month period.

Named one of the top whistleblower practices/attorneys in the country by The New York Times, Wall Street Journal, NPR and The New Yorker

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SEC Prosecutions

Settlements Achieved with Insider Trading Ring of Family, Friends and Associates

"SEC v. Roger H. Licht, Steven L. Weston, Robert P. Korda, William J. Barisoff, Lynn Weston, Seymour J. Melnik, Andrew K. Licht, D. Mark Sandelson and Ronald B. Schilling"

Key Docs

Case Materials