U.S. Supreme Court
Oct. 7, 2015
Insider trading law may see marked shift
The U.S. Supreme Court decided not to review a 2nd Circuit court of appeals decision to overturn the insider trading convictions of two hedge fund managers on Monday, in a move observers saw as cementing a decision that may make some inside
Daily Journal Staff Writer
The U.S. Supreme Court denied review of the 2nd U.S. Circuit Court of Appeals decision to overturn the insider trading convictions of two hedge fund managers on Monday, a decision that observers said will make it easier to avoid insider trading convictions and could result in a sea change in where lawsuits are filed.
Todd Newman and Anthony Chiasson, hedge fund m...
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