Posts tagged Justice Ginsburg.
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DOJ Appeals Newman Insider-Trading Opinion

The Department of Justice today appealed the Second Circuit's Newman decision to the U.S. Supreme Court, after several extensions. United States v. Newman, No. 15-137 (U.S. filed July 30, 2015). Last December's ruling narrowed the scope of tippee liability in insider-trading cases. The latest extension of the cert-petition deadline resulted in a bit of row, when the government hand-delivered the request June 15 and Justice Ginsburg granted it June 16, (extending the filing deadline to August 1). But Newman's counsel apparently wasn't even served with the government's request ...

Posted in: Supreme Court
Tags: burr forman, Department of Justice, DOJ, insider-trading, Justice Ginsburg, Newman, Securities Litigation & Arbitration, U.S. Supreme Court
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