From Chiarella to Cuban: The Continuing Evolution of the Law of Insider Trading
Sabino, Anthony Michael, Sabino, Michael A., Fordham Journal of Corporate & Financial Law
What does an old-school financial printer (one from the bygone era of ink and printing presses) have in common with a present-day Internet billionaire (one more often seen on ESPN than CNBC)? Both were accused by the government of "insider trading." While the former defeated the charges brought against him in a case which began the Supreme Court's modern interpretation of federal insider trading laws, the latter recently suffered a setback at the appellate level in the form of a remand to the district court.
By now, legal professionals have likely discerned that the first scenario refers to the seminal 1980 United States Supreme Court case Chiarella v. United …
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Publication information: Article title: From Chiarella to Cuban: The Continuing Evolution of the Law of Insider Trading. Contributors: Sabino, Anthony Michael - Author, Sabino, Michael A. - Author. Journal title: Fordham Journal of Corporate & Financial Law. Volume: 16. Issue: 4 Publication date: October 1, 2011. Page number: 673+. © Fordham Journal of Corporate & Financial Law 2008. Provided by ProQuest LLC. All Rights Reserved.