Attorney’s Conviction In Insider Trading Scheme Upheld By 2nd Circuit

Mealey's (January 11, 2019, 1:56 PM EST) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on Jan. 10 ruled that government prosecutors provided sufficient evidence showing that an attorney acted with the requisite criminal intent in providing his financial advisor with inside information of a pending merger deal as part of an insider trading scheme (United States of America v. Tibor Klein, et al., No. 17-3355, 2nd Cir., 2019 U.S. App. LEXIS 858)....