As part of its decision, the court threw out the convictions of Level Global Investors LP co-founder Anthony Chiasson and ex-Diamondback Capital Management LLC portfolio manager Todd Newman. The SEC had filed a parallel lawsuit against the men, which U.S. District Judge Shira Scheindlin today suspended until the appeals court decides whether to revisit its Dec. 10 decision.
via SEC Suit Delayed While Rule Limiting Insider Cases Challenged – Bloomberg Business
