Tag: Judge Rakoff

The Ninth Circuit upheld a conviction for illegal tipping, following Dirks but raising doubt regarding its adherence to Newman in an opinion authored by Judge Rakoff, sitting by designation. The Commission filed settled proceedings against Goldman Sachs and KKR for, …

This Week In Securities Litigation (Two weeks ending July 10 , 2015) Read More »

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One of the questions regarding U.S. v. Newman, 773 F. 3d 438 (2nd Cir. 2014)(here) and its personal benefit test for illegal tipping is its application outside the Second Circuit. When applying Newman, Judge Rakoff has already attempted to distinguish …

Judge Rakoff, Newman And Illegal Tipping Read More »

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