In a blow to the office of Southern District of New York U.S. Attorney Michael J. Garcia, a federal judge has taken the rare step of reversing a jury verdict convicting a former New York Stock Exchange trading specialist of securities fraud in a scheme known as "interpositioning." Judge Denny Chin held that while federal prosecutors proved that defendant David Finnerty engaged in interpositioning, they failed to prove fraudulent or deceptive conduct within the meaning of the securities laws.
February 22, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
In a blow to the office of Southern District of New York U.S. Attorney Michael J. Garcia, a federal judge has taken the rare step of reversing a jury verdict convicting a former New York Stock Exchange trading specialist of securities fraud in a scheme known as “interpositioning.”
Southern District Judge Denny Chin, in United States v. Finnerty, 05 cr. 393, agreed Wednesday to enter a judgment of acquittal, setting aside the Oct. 26, 2006, verdict.
Presented by BigVoodoo
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
