Supreme Court Lets Overturned Insider-Trading Case Decision Stand

Overview


Todd Harrison called the Supreme Court’s refusal to hear the government’s appeal of the Second Circuit’s Newman insider trading decision “a pretty resounding message … It’s putting the government on notice” about what a successful insider trading case requires. Mr. Harrison, who had successfully defended an insider trading case against a former hedge fund manager, added that “the interesting question is will the Department of Justice quickly integrate this into their charging decisions nationwide?” Read the full article.