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Michael A. Asaro, a partner at Akin Gump Strauss Hauer & Feld, reviews a recent Southern District decision that grappled with the important and, in the Second Circuit, unsettled issue of whether a series of otherwise legitimate "open market" stock transactions can be transformed into an illegal market manipulation scheme based solely on the trader's state of mind when the trades were executed.
May 12, 2008 at 12:00 AM
1 minute read
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The New York Law Journal honors attorneys and judges who have made a remarkable difference in the legal profession in New York.
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