United States: SEC Rejects Rule 10b5-1 Defense In Enforcement Action Against Cheetah Mobile Executives - Kramer Levin Naftalis & Frankel LLP

United States: SEC Rejects Rule 10b5-1 Defense In Enforcement Action Against Cheetah Mobile Executives - Kramer Levin Naftalis & Frankel LLP

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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...

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