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Browse: Home / 2017 / August / 23 / Federal Court Upholds Martoma Insider-Trading Conviction – WSJ

Federal Court Upholds Martoma Insider-Trading Conviction – WSJ

By Securities Docket on August 23, 2017, 4:04 pm

In a 2-1 opinion, the Second U.S. Circuit Court of Appeals in Manhattan rejected Mr. Martoma’s request for a new trial, saying the jury was properly instructed. The ruling also found the government adequately showed at trial that the tipper received a financial benefit from providing inside information to Mr. Martoma, a key component of proving insider-trading crimes.

via Federal Court Upholds Martoma Insider-Trading Conviction – WSJ

Posted in Criminal, Top | Tagged Appellate, Insider Trading

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