In the UK, former McDermott Will & Emery partner Michael McFall and former Dorsey & Whitney partner Andrew Rimmington must face eight counts of insider trading at Southwark Crown Court, district judge Caroline Tubbs ruled today. The Lawyer reports that the two men and one other defendant were remanded on unconditional bail to appear back in court for a plea and case management hearing on October 28.
As previously discussed here, the FSA’s case against the lawyers centers around trading prior to Novartis AG’s 2006 takeover of Neutec.