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Litigation

Apr. 20, 2016

Federal judge won't hold insider trading case for Supreme Court decision

A federal judge gave the go-ahead Monday to the government's insider-trading prosecution of a former medical device company CEO and former Baltimore Orioles player Doug DeCinces, though a pending U.S. Supreme Court decision may still affect the standard for establishing guilt in the case.

By Amanda Schallert
Daily Journal Staff Writer

SANTA ANA - A federal judge on Monday said he did not want to further delay the government's insider-trading prosecution of a former medical device company CEO and ex-Baltimore Orioles player Doug DeCinces until after a pending U.S. Supreme Court decision, but took the matter under submission after defendants argued that erroneous jury instructions could cause the entire ca...

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