Shapiro Arato Bach Wins Appellate Reversal of Convictions for Trading on Regulatory Intelligence
On December 27, 2022, the Second Circuit Court of Appeals issued an opinion reversing the criminal convictions of our client, a former partner at Deerfield Management Co. The case arises out of securities trades that Deerfield made based on information about a federal agency’s contemplated changes to Medicare reimbursement rates. After the Second Circuit initially … Read more