Securities Regulation: United States v. Newman, 773 F.3d 438 (2d Cir. 2014)
Review the summary of United States v. Newman, 773 F.3d 438 (2d Cir. 2014) Assume Ken Hastings (cookout host) and Tim Daniels (Ken’s tennis partner) both bought stock in New World Industries as soon as the market opened on Monday and all profited 30% after the press announcement by Mrs. Chen. Pursuant to their agreement, … Read more