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Legal Advice Letter

In: Business and Management

Submitted By pdvill7007
Words 388
Pages 2
Legal advice for Mr John Smith
5th of December 2012
Dear Mr Smith,
Thank you for your phone call last week requesting a legal advice. In this letter, I will provide you with my legal opinion concerning the facts you gave to me so you can make a qualified decision regarding the charges you face. First I will restate the facts, as I know them, to confirm their accuracy. Next, I will give you my opinion on whether a conviction for insider dealing is a potentiality.
In your phone call you said, that you have received a call from City of London Police who wanted you to come in for an interview under caution due to evidence stating that you have been insider dealing. Regarding the facts of the case you explain, that you work for Stevens Management buying and selling orders and your wife works in the financial department in Transeit, a company which has been taken over by Microsoft. Before the offer from Microsoft became public the shares in Transeit shot up in value. According to the claim from the police exactly three days before the offer became public you excluded a sale of 500 Transeit shares. What makes your situation problematic is the fact that you had access to confidential information about the offer before it was made public due to your wife’s work. Whether you excluded the shares in your own name or in the name of the company your work for may also be relevant to the case.
Due to the facts you have presented me it seem that the police have a strong case against you. The success of your case relies on persuading the police that you did not have any confidential information about the offer at the time you excluded the shares. However the likelihood of success is not in your favor. I therefore recommend you to have a more comprehensive conversation with a lawyer before your interview under caution and if you choose so I will work with you in creating a strong case in your favor.
Please do not hesitate to call me with any questions you may have. Also, if there are any misstatements of fact in this letter it is important that you contact me when possible. I look forward to a potential collaboration.

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