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...hedge-fund manager), the government must show that the person knew the information came from a breach of duty. In the case of Rajaratnam's alleged Google stock tip, he didn't talk to the source of the information directly but rather to a middleman informant. That middleman purportedly told Rajaratnam who the tipster was - thus revealing the breach of duty. For that particular charge, that communication is key. (See pictures of crime in Middle America...
...current case involves many charges - all told, six defendants, nine companies whose securities were allegedly illegally traded and many more than that number of actual trades. And while one alleged instance of illegality conveniently included Chiesi comparing her situation to the most famous insider-trading case in recent memory (though Martha Stewart ultimately went to prison for obstruction of justice and making false statements, not insider trading), many of the other instances could be more open to interpretation. This is a big case, and it will take a long time to untangle it in court...
Barnett once told his class of first-year students to “grow up” so they could face the often gruesome issues they would likely be dealing with in litigation...
...It’s a super difficult year,” Brendan Karch, a 6th year graduate student in the History department, told Flyby at the event. “You just have to go out there and hope that the prestige of Harvard will help get your foot in the door...
...Vatican's doctrinal chief, Cardinal William Levada, told reporters on Tuesday that Catholic leaders were simply responding to requests by certain Anglicans to find a comfortable home in Catholicism. "We have been trying to meet the requests for full communion that have come to us from Anglicans in different parts of the world in recent years in a uniform and equitable way," said Levada, who would not specify how many Anglicans he expected to convert. "With this proposal, the church wants to respond to the legitimate aspirations of these Anglican groups for full and visible unity with the Bishop...