SEC v. Fehn
United States Court of Appeals for the Ninth Circuit
97 F.3d 1276 (1996)
Relevant factsFree
Attorney Fehn (defendant), representing CTI in an SEC investigation, advised that required filings including a Form 10-Q were missing, and at CTI's request to save legal fees, gave CTI a blank form to fill out itself before Fehn edited and submitted it, which the SEC (plaintiff) later alleged omitted essential information; the SEC sued Fehn for aiding and abetting CTI's Section 10(b) violation, and the district court ruled for the SEC.
IssueFree
Whether an attorney is liable for aiding and abetting a Section 10(b) violation when he knowingly provides substantial assistance to another person in furtherance of that violation.