Parties Debate Whether Former Trader Is Entitled To Grant Of Petition Of Error

(March 18, 2016, 12:06 PM EDT) -- NEW YORK — A convicted former hedge fund trader and the U.S. government recently asked a federal judge in New York to determine whether the former trader is entitled to a grant of his petition for writ of error coram nobis pursuant to the Second Circuit U.S. Court of Appeals’ ruling in United States v. Newman (773 F.3d 438 [2d Cir. 2014]) regarding his conviction for his role in an insider trading scheme (David Slaine v. United States of America, No. 15-9814, S.D. N.Y.)....