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    • DOJ Asks Supreme Court to Review Landmark Insider Ruling

    July 30, 2015
    Bloomberg

    Types : In the News

    U.S. Solicitor General Donald B. Verrilli Jr. July 30 asked the U.S. Supreme Court to reverse a December federal appeals court decision that increased the burden on prosecutors and loosened some of the restrictions on insiders passing confidential information to friends.

    […]

    “It has not resulted in opening the floodgates” to invalidate insider trading prosecutions throughout the country, said Lathrop B. Nelson III, a partner with Montgomery McCracken Walker & Rhoads LLP in Philadelphia.

    […]

    Visit bloomberglaw.com to view the full article.

    Lathrop B. Nelson, III

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