United States Ninth Circuit

Conviction by jury trial for conspiracy and securities fraud arising from an insider-trader scheme is affirmed where although defendant did not waive a sufficiency of the evidence issue raised only in a supplemental brief, the evidence was sufficient to support the conviction because it showed that an insider breached his fiduciary duty by disclosing information to a trading relative, and that the defendant knew of that breach at the time he traded on it.

Appellate Information

• Decided 07/06/2015
• Published 07/06/2015

Judges

• RAKOFF

Court

• United States Ninth Circuit

Counsel