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Article • December 26, 2016 • from P&J December, 2016
Salman v. U.S., No. 15-628 (U.S. Supreme Court) (580 U.S. ___; 137 S.Ct. 420) (December 6, 2016) (Justice Alito) by In this much-anticipated decision, the Supreme Court issued a unanimous, but narrow, ruling regarding criminal tipper/tippee liability for insider trading, a topic which the Supreme Court had not significantly addressed …
Article • December 29, 2014 • from P&J December, 2014
U.S. v. Newman, No. 13-1837-cr (2nd Cir.) (773 F.3d 438) (December 10, 2014) (Judge Barrington D. Jr. Parker) by In this groundbreaking decision, the Second Circuit reversed the high-profile insider trading convictions of two hedge fund portfolio managers, Todd Newman and Anthony Chiasson, who had been convicted in 2012 on …