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U.S. v. Finnerty, No. 07-1104-cr (2nd Cir.) (533 F.3d 143) (July 18, 2008) (Judge Dennis G. Jacobs)

In a securities-fraud case, judgment setting aside jury's guilty verdict is affirmed where defendant's conducting of "interpositioning" trades was not deceptive or misleading.

[Editor's Note: For a more detailed commentary on this decision, see "2nd Circuit Upholds Acquittal of Trader," by Mark Hamblett, as published in the New York Law …

 

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