Justin Bell

Justin Bell

Akin Gump Strauss Hauer & Feld LLP

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Second Circuit Limits Extraterritorial Application of Federal Securities Laws

On May 6, 2014, the U.S. Court of Appeals for the Second Circuit issued its opinion in City of Pontiac Policemen’s and Firemen’s Retirement System v. UBS AG, No 12-4355, slip op. (2d Cir. May 6, 2014) (“City of Pontiac”), a...more

6/3/2014 - City of Pontiac Extraterritoriality Rules Foreign Exchanges Securities Exchange Act Securities Litigation

Federal Prosecutors Face Difficult Questioning in Second Circuit over Standard for Insider Trading Liability

On April 22, 2014, the Second Circuit Court of Appeals heard oral arguments in an appeal by two former hedge fund traders, Todd Newman and Anthony Chiasson, of their convictions for insider trading. On appeal, counsel for...more

4/29/2014 - Criminal Prosecution Insider Trading Professional Liability

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