Combatting Securities Fraud Allegations With 10b5-1 Trading Plans
This memo discusses Tetraphase Pharmaceuticals and other case law regarding the role of 10b5-1 plans, briefly outlines the requirements of 10b5-1 plans, and provides practical reminders to corporations and their counsel on crafting plans that will likely be most successful in shielding corporate executives from liability.This memo discusses Tetraphase Pharmaceuticals and other case law regarding the role of 10b5-1 plans, briefly outlines the requirements of 10b5-1 plans, and provides practical reminders to corporations and their counsel on crafting plans that will likely be most successful in shielding corporate executives from liability.This memo discusses Tetraphase Pharmaceuticals and other case law regarding the role of 10b5-1 plans, briefly outlines the requirements of 10b5-1 plans, and provides practical reminders to corporations and their counsel on crafting plans that will likely be most successful in shielding corporate executives from liability.