Legal Advice Is Property In Extortion Case, 2nd Circ. Rules

Law360, New York (July 02, 2012, 10:32 PM ET) -- The Second Circuit last week said a lawyer’s advice can be considered property in the context of extortion, backing the conviction of a technology investment firm executive who threatened to reveal a former New York employee’s extramarital affair if he didn’t recommend the firm for an investment.

The dispute centered around the recommendation of the New York state comptroller’s former general counsel, Luke Bierman, that the comptroller not approve a local pension fund’s potential $35 million investment in funds owned by FA Technology Ventures, where Giridhar...
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