United States Second Circuit

Defendant's conviction for conspiracy and insider trading is affirmed, where: 1) telephone conversations with a co-conspirator, which were recorded in the ordinary course of business, were admissible; and 2) evidence of non-pecuniary benefits conferred upon the tippers was sufficient to prove that the tippers had personally benefited from the insider trading conspiracy.

Appellate Information

• Decided 10/23/2013
• Published 10/23/2013

Judges

• WALKER

Court

• United States Second Circuit

Counsel