Feb. 21 Webcast Materials
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The U.S. Supreme Court ruled today in a 6-3 decision that former Enron Broadband Services executive F. Scott Yeager cannot be retried for insider trading because such a retrial would violate the Double Jeopardy Clause of the Constitution. As previously discussed here, Yeager, was was acquitted of conspiracy, securities fraud and wire fraud charges after [...]
The Supreme Court granted certiorari today in Merck & Co., et al., v. Reynolds, et al. (08-905), a case involving the issue of “inquiry notice” as it applies to federal securities fraud claims. The specific “Question Presented,” as framed by the petitioners in their Petition for Writ of Certiorari (available here), is as follows: Did [...]
The U.S. Supreme Court heard argument today in the case of former Enron VP Scott Yeager, who was was acquitted of conspiracy, securities fraud and wire fraud charges after a 13-week trial in 2005. The jury deadlocked on charges of insider trading and money laundering. The Houston Chronicle reports that prosecutors have sought a second [...]