In an article for the New York Law Journal, “‘United States v. Blaszczak’: Can the Government Circumvent ‘Newman’ Personal Benefit Test?”, Litigation and Arbitration group partners Antonia M. Apps and Katherine Goldstein discuss an insider trading case, United States v. Blaszczak, that could redefine the crime of insider trading. The article discusses the past 40 years of judicial precedents that have shaped insider trading law, and explains how a future decision by the United States Court of Appeals for the Second Circuit could have a significant impact on insider trading liability.
Milbank Litigation associates Will Denker and Caroline Vorce also contributed to this article.
Click to read the full “‘United States v. Blaszczak’: Can the Government Circumvent ‘Newman’ Personal Benefit Test?” article, here.