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Jeff Litvak, Nicole Wells and Alan Stone joined us for this webcast.
Day Five of the jury’s deliberations in the Raj Rajaratnam insider trading trial ended today with no verdict, and the jury headed home for the weekend. According to reporter Courtney Comstock, who has been camped out at the courtroom for five days, the extended deliberations have reportedly left once-confident prosecutors looking “visibly worried” while Rajaratnam’s […]
Steven Davidoff, Peter Harkins, Bill Savitt,and Mark Lebovitch joined us for this webcast.
The ruling is not a whole-hearted endorsement of DOJ’s broad interpretation of the FCPA’s definition of “foreign official.” The judge did not rule that employees of state-owned entities necessarily fall within the definition of “foreign official.” Rather, he merely left open the possibility that employees of state-owned entities – depending on the specific facts in […]
Get caught up with the Securities Docket News Wire for April 29, 2011.