Perspective
Aug. 11, 2015
Tipping friends without benefits
The U.S. government is seeking Supreme Court review of a game-changing ruling which has wreaked havoc on insider trading convictions. By Joshua D. Franklin
In December 2014, the 2nd U.S. Circuit Court of Appeals issued a game-changing insider
trading decision, United States v. Newman, which has wreaked havoc on dozens of insider trading convictions within the Southern
District of New York and beyond. Newman held that insider trading liability against a tippee requires proof that the tippee
knew or should have known that the initial...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$895, but save $100 when you subscribe today… Just $795 for the first year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In