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Browse: Home / 2011 / October / 27 / No Clear Quid Pro Quo, No Problem

No Clear Quid Pro Quo, No Problem

By Securities Docket on October 27, 2011, 10:10 am

Does it matter that Guptas prize for allegedly handing over inside information to Rajaratnam was less tangible than, say, a fat wad of cash? Jonathan S. Sack, a partner at Morvillo, Abramowitz, Grand, Iason, Anello & Bohrer PC, said the Justice Department will have to prove that Gupta received some benefit in return for the information but that it need not have been direct or financial in nature.

Read more: No Clear Quid Pro Quo, No Problem — WSJ Law Blog

Posted in Criminal | Tagged Insider Trading

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