Daniela Manzi

Daniela Manzi

Kramer Levin Naftalis & Frankel LLP

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SEC Rejects Rule 10b5-1 Defense in Enforcement Action Against Cheetah Mobile Executives

On Sept. 21, 2022, the Securities and Exchange Commission (SEC) announced that it brought an enforcement action against two executives of Cheetah Mobile, a publicly traded Chinese app developer, for selling the company’s...more

9/26/2022  /  10b5-1 Plans , Enforcement Actions , Insider Trading , Material Nonpublic Information , Securities and Exchange Commission (SEC) , Securities Fraud , Securities Litigation
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