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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 […]
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, […]
Get caught up with the Securities Docket News Wire for March 1, 2017.