Corporate
Oct. 9, 2015
No review for insider trading case
The U.S. Supreme Court surprised many on Monday by denying the government's petition for a writ of certiorari and declining to review a landmark insider trading decision. By Joshua D. Franklin
The U.S. Supreme Court surprised many on Monday by denying the government's petition
for a writ of certiorari and declining to review the 2nd U.S. Circuit Court of Appeals'
landmark insider trading decision, United States v. Newman. The central holding in Newman - that a tippee may only be held liable for insider trading if he or she knows the
initial tipper received a &...
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