Parties Debate Whether High Court Review Of Insider Trading Suit Is Necessary

Mealey's (May 17, 2019, 9:07 AM EDT) -- WASHINGTON, D.C. — Parties in an insider trading criminal action have asked the U.S. Supreme Court to determine whether a federal circuit court erred in ruling that although a federal district court’s jury instruction in an insider trade criminal action was inconsistent with the Supreme Court’s ruling in United States v. Newman, the instruction did not affect the defendants’ substantial rights (Mathew Martoma v. United States of America, No. 18-972, U.S. Sup.)....