On April 13, 2015, the United States Court of Appeals for the Second Circuit vacated the sentences of our client Jill Platt and her co-defendant, Donna Bello, and expressed “significant doubts” that the fraud loss amounts used by the District Court, which were the primary driver of the sentences, were correctly calculated. Ms. Platt and … Read more
On April 3, 2015, the United States Court of Appeals for the Second Circuit denied the government’s petition for rehearing en banc of United States v. Newman, 773 F.3d 438 (2d Cir. 2014). Both the Department of Justice and the Securities and Exchange Commission had sought rehearing of the Court’s holding on the definition of … Read more
Change the Rule, a public advocacy project backed by some of the nation’s foremost leaders and spearheaded by Shapiro Arato and others, publicly launched its campaign to create an opportunity for an independent candidate to participate in the 2016 presidential debates. Driven by the record number of Americans who have soured on the legitimacy of … Read more
On March 12, 2015, Shapiro Arato LLP filed a motion on behalf of our client, Michael Kimelman, to vacate his 2011 conviction and sentence for insider trading. The motion argues that Mr. Kimelman did not commit any crime and is actually innocent under the Second Circuit’s recent decision in United States v. Newman, 773 F.3d … Read more
On February 19, 2015, Shapiro Arato LLP filed a brief in the United States Court of Appeals for the Second Circuit opposing the government’s petition for a rehearing of United States v. Newman, 773 F.3d 438 (2d Cir. 2014). (Additional information about our successful representation of Anthony Chiasson in the Newman case is available here … Read more
Shapiro Arato represents Level the Playing Field (“LPF”) in connection with its efforts to create an opportunity for an independent candidate to participate in the 2016 presidential debates. LPF is a non-profit, non-partisan corporation that seeks to enhance and strengthen our democracy by creating an opportunity for more competition in our political system. One major … Read more
Marc Isserles, a co-founder of the firm, is leaving to begin a full-time mediation and ADR practice on the New York JAMS panel. At JAMS, Marc will focus his attention on mediating disputes in a wide variety of substantive areas, including complex commercial litigation, intellectual property and licensing, insurance coverage, and employment. We thank Marc … Read more
On January 5, 2015, Alexandra A.E. Shapiro spoke on a Practicing Law Institute briefing entitled “Insider Trading in the Wake of United States v. Newman & Chiasson.” Alexandra’s presentation focused on the appellate strategy in the case, the import of the Court’s holding relating to the “personal benefit” requirement, and potential next steps.
Shapiro, Arato & Isserles represents Level the Playing Field (“LPF”) in connection with its efforts to create an opportunity for an independent candidate to participate in the 2016 presidential debates. LPF is a non-profit, non-partisan corporation that seeks to enhance and strengthen our democracy by creating an opportunity for more competition in our political system. … Read more
On December 10, 2014, the United States Court of Appeals for the Second Circuit reversed the criminal conviction of our client, Anthony Chiasson, and held that he and his co-defendant had not committed a crime. The government had charged Mr. Chiasson with insider trading based on information that he received fourth- or fifth-hand. In reversing … Read more