Two insider trading defendants have tried to use “Robin Hood” or “Mother Teresa” defenses in their cases recently, without much success.
via The ‘Robin Hood’ and ‘Mother Teresa’ Defenses in Insider Trading Cases – Compliance Week
Two insider trading defendants have tried to use “Robin Hood” or “Mother Teresa” defenses in their cases recently, without much success.
via The ‘Robin Hood’ and ‘Mother Teresa’ Defenses in Insider Trading Cases – Compliance Week
The fact that the defendants even thought that cheating others “for a good cause” was a possible defense suggests that they know they are guilty, but want leniency.