High Court Declines Review Of Insider Trading Criminal Action Ruling

Mealey's (June 4, 2019, 1:58 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on June 3 declined to review an appeal in an insider trading criminal action where a hedge fund portfolio manager sought a determination whether the Second Circuit U.S. Court of Appeals erred in ruling that a federal district court’s jury instruction in the action was inconsistent with the Supreme Court’s ruling in United States v. Newman (Mathew Martoma v. United States of America, No. 18-972, U.S. Sup.)....