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Criminal

Mar. 11, 2017

Major insider trading trial opens

A major insider trading trial opened Thursday in Orange County with a federal prosecutor alleging a years-long scheme that defense attorneys said unfairly portrays the typical socialization of close friends.

By Meghann M. Cuniff
Daily Journal Staff Writer

SANTA ANA — A major insider trading trial opened Thursday in Orange County with a federal prosecutor alleging a years-long scheme that defense attorneys said unfairly portrays the typical socialization of close friends.

Kenneth B. Julian, a partner with Manatt Phelps & Phillips LLP, delivered a 2 1/2 hour opening statement in which he described the case against his client, retire...

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