United States Fourth Circuit

The district court properly dismissed a habeas corpus petition challenging petitioner's convictions arising from his fraudulent activity in connection with a client's initial public offering, where: 1) defendant's convictions are proper under current law because Janus Capital Group, Inc. v. First Derivative Traders, 131 S. Ct. 2296 (2011) is inapplicable outside the context of the SEC Rule 10b-5 implied private right of action; and thus, 2) his 28 U.S.C. section 2241 petition necessarily fails.

Appellate Information

• Decided 05/07/2014
• Published 05/07/2014

Judges

• WILKINSON

Court

• United States Fourth Circuit

Counsel