1. Insights
  2. News
  3. Media Mentions

Columbia Law School Blog Publishes Akin Gump Client Alert on SDNY Insider Trading Decision

May 13, 2015

Reading Time : 1 min
Jump to
View People Mentioned in This NewsView Related Services, Sectors, and Regions

Contact:

Jacinta O'Shea-Ramdeholl

Director of Communications

Send Email
+1 212.407.3080

Scott Wasserman

Senior Media Relations Manager

Send Email
+1 212.407.3009

Columbia Law School’s CLS Blue Sky blog has published the article “Akin Gump discusses SDNY Decision Allowing SEC Insider Trading Case to Proceed, Distinguishing Newman,” written by Akin Gump litigation partners Michael Asaro, James Benjamin, Joseph Boryshansky, Robert Hotz, Douglass Maynard and Douglas Rappaport; corporate partner Bruce Mendelsohn; and investment management senior counsel Jason Daniel.

The article discusses a decision by the U.S. District Court for the Southern District of New York allowing an SEC civil enforcement action to proceed against two former stockbrokers for alleged insider trading. As the authors note, the decision “sheds additional light on application of the 2nd Circuit’s decision in United States v. Newman.” That decision, “attempted to clarify and delineate the boundaries of insider trading liability in tipper-tippee scenarios.”

To read the client alert from which the article originated, please click here.

Share This Insight

Related Services, Sectors, and Regions

View All
© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.