Prosecutors, in a Jan. 19 letter to [U.S. Judge Andrew] Carter, called the appeals court’s ruling involving former hedge fund managers Todd Newman and Anthony Chiasson “erroneous.” If the judge agrees with the defense lawyers’ interpretation of the ruling, they conceded that the four guilty pleas in the IBM cases should be vacated and pending charges against them and the fifth defendant dismissed.
via IBM Insider Cases Said by U.S. to Be Subject to Dismissal – Businessweek
