Daily Archives: March 2, 2017, 12:00 pm

Rare re-argument ordered in insider trading appeal of SAC’s Martoma | Reuters

A federal appeals court in Manhattan ordered a rare second round of arguments on Wednesday as former SAC Capital Advisors portfolio manager Mathew Martoma tries to overturn his insider trading conviction. The 2nd U.S. Circuit Court of Appeals, which first heard Martoma’s appeal in October 2015, took the unusual step after the U.S. Supreme Court in December issued a decision…

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McDermott Names New Litigation Leaders After Departure | Big Law Business

With Raynal’s exit, David Rosenbloom and Steven Scholes will take over leadership of McDermott’s approximately 250-lawyer strong litigation group. Rosenbloom will serve as the global head of the practice while Scholes will be “operations partner,” managing more of the day-to-day business of the group. Scholes is a former attorney in the SEC’s Division of Enforcement, and has been leading the…

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