Rajaratnam Acquittal Shows Indirect Insider Trading Case Challenge - McDermott Will & Emery

Rajaratnam Acquittal Shows Indirect Insider Trading Case Challenge

Overview


Todd Harrison expressed the opinion that federal prosecutors will take a more cautious approach to pursuing people accused of trading on inside information they received indirectly, following one jury acquittal and ongoing appeals in such cases. “If I was the government I would be very hesitant going forward” on indirect insider trading allegations without rock-solid evidence, Mr. Harrison said. Read the full article