Insider Trading Lawyer Baltimore, Maryland

Federal insider trading charges under 15 U.S.C. § 78j(b) and SEC Rule 10b-5 carry up to 20 years in federal prison and a $5 million fine for individuals. Law Offices Of SRIS, P.C. has extensive criminal defense experience in Baltimore County, Maryland, including federal cases at the U.S. District Court for the District of Maryland. Call (888) 437-7747 for a consultation by appointment.

Understanding Insider Trading Under Federal Law

Insider trading is the buying or selling of securities based on material, non-public information. This practice is prohibited under 15 U.S.C. § 78j(b) and SEC Rule 10b-5, which make it unlawful to use any manipulative or deceptive device in connection with the purchase or sale of securities. The Securities and Exchange Commission (SEC) and the U.S. Department of Justice jointly enforce these laws. In Baltimore County, federal insider trading cases are investigated by the FBI and SEC, then prosecuted by the U.S. Attorney’s Office for the District of Maryland. The maximum penalty for individuals is 20 years imprisonment and a $5 million fine, while corporations face fines up to $25 million. Civil penalties from the SEC may also apply, including disgorgement of profits and additional fines up to three times the profit gained or loss avoided.

Last verified: April 2026 | U.S. District Court for the District of Maryland | 15 U.S.C. § 78j(b) (Cornell LII)

Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C., ‘Advocacy Without Borders,’ brings 120+ years combined legal experience to every federal criminal defense case.

Official Legal References

For the official statutory text, see 15 U.S.C. § 78j(b) (Cornell LII — official site). For SEC Rule 10b-5, see 17 C.F.R. § 240.10b-5 (Cornell LII — official site).

How Insider Trading Cases Proceed in Baltimore County

In the U.S. District Court for the District of Maryland (Baltimore Division), federal prosecutors routinely present insider trading cases to a grand jury before seeking an indictment. We have observed that early engagement with an experienced federal criminal defense lawyer before indictment can materially affect outcomes, including the possibility of negotiating a pre-indictment resolution.

1. Investigation: The FBI and SEC conduct a joint investigation, often including subpoenas, witness interviews, and analysis of trading records.
2. Grand Jury: The government presents evidence to a federal grand jury, which may issue an indictment. You have the right to testify before the grand jury, but this is rarely advisable without counsel.
3. Arraignment: If indicted, you will be arraigned at the U.S. District Court for the District of Maryland (101 W Lombard St, Baltimore, MD 21201), where you will enter a plea.
4. Discovery and Motions: Your attorney will review the government’s evidence and file pretrial motions, including motions to suppress evidence or dismiss charges.
5. Plea Negotiations or Trial: Your attorney will negotiate with prosecutors or prepare for trial. Federal conviction rates exceed 90%, making strategic negotiation critical.
6. Sentencing: If convicted, sentencing follows the U.S. Sentencing Guidelines. There is no parole in the federal system. Supervised release follows imprisonment.

In Baltimore County, Maryland, federal insider trading under 15 U.S.C. § 78j(b) and SEC Rule 10b-5 carries severe penalties including imprisonment, fines, and asset forfeiture.

Offense	Classification	Incarceration	Fine	License Impact	Additional Consequences
Insider Trading (Individual)	Federal Felony	Up to 20 years	Up to $5 million	Potential SEC bar from securities industry	Disgorgement of profits; civil penalties up to 3x profit/loss avoided; asset forfeiture; supervised release
Insider Trading (Corporation)	Federal Felony	N/A	Up to $25 million	Potential SEC sanctions	Disgorgement; civil penalties; reputational harm; potential debarment from government contracts

Results may vary. Case results depend on a variety of factors unique to each case.

Why Choose Law Offices Of SRIS, P.C. for Insider Trading Defense in Baltimore County?

Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C. brings 120+ years combined legal experience, 4,739+ documented firm-wide results across VA, MD, DC, NY and NJ, and a favorable-outcome rate above 93%. Our firm has extensive experience handling complex federal criminal cases, including insider trading and securities fraud matters. Mr. Sris, former prosecutor, personally oversees federal criminal defense cases and works collaboratively with Of Counsel attorneys who bring decades of experience. Our firm’s background in accounting and information systems provides a unique advantage in analyzing complex financial transactions and trading records that form the basis of insider trading allegations.

Case Results in Baltimore County and Firm-Wide

Law Offices Of SRIS, P.C. has extensive documented results in federal criminal defense matters firm-wide across VA, MD, DC, NY and NJ. While specific insider trading case results are not available for Baltimore County, our firm has handled 4,739+ documented results firm-wide with a favorable-outcome rate above 93%. Our experience includes complex federal criminal cases involving financial fraud, securities violations, and white-collar defense.

Results may vary. Case results depend on a variety of factors unique to each case.

Our Location and Service Area

Frequently Asked Questions About Insider Trading in Baltimore County

Last verified: April 2026 | Page generated: 2026-04-28