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Appeals Courts Still Lost In Post-Newman Trading Muddle, Law360

Friday, May 27, 2016

The First Circuit’s Thursday decision upholding a Massachusetts attorney’s conviction for trading on tips from a golf buddy widened a circuit split in the wake of the Second Circuit’s Newman decision and showed that courts are waiting for the U.S. Supreme Court to chip them back onto the fairway in insider trading law, experts said.

Litigation partner David Miller is quoted.

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