Litigation
Jul. 2, 2008
9th Circuit Blasts District Judge for Insider Trading Ruling
U.S. District Judge Margaret Morrow erred when she concluded a businessman who bought and sold stock on a non-public tip could not be held liable for insider trading, a 9th Circuit Court of Appeals panel held Monday.




Daily Journal Staff Writer
This article appears on Page 1
LOS ANGELES - U.S. District Judge Margaret Morrow erred when she concluded a businessman who bought and sold stock on a non-public tip could not be held liable for insider trading, a 9th Circuit Court of Appeals panel held Monday.
The 23-page unanimous opinion marks a victory for the Securities and Exchan...
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