Law360, New York (May 08, 2012, 7:21 PM ET) -- A former Morgan & Stanley Co. executive will not be freed on bail while he appeals a conviction for steering stock loan business to small companies in exchange for kickbacks, the Second Circuit ruled Tuesday.
A three-judge panel denied a motion from Darin DeMizio — a former executive director and Morgan Stanley and head of its domestic stock loan desk — for bail while he appeals his honest services fraud conviction.
DeMizio was sentenced to 38 months in prison for allegedly having several stock loan providers...
2nd Circ. Denies Bail For Former Morgan Stanley Exec
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