Ex-Baker Atty Asks For Probation In $55M Stock Fraud Case

Law360, New York (June 18, 2013, 5:19 PM EDT) -- A former Baker & McKenzie LLP securities partner urged a New York federal court Friday to reject the government’s “gratuitous and unfair” allegations as it’s considering his sentence for taking part in a $55 million stock-fraud deal and skimming $1.6 million from a client’s escrow account.

Martin Weisberg, who pled guilty on May 21 to conspiracy to commit securities fraud in the first case and money laundering in the second case, is pushing the court to sentence him to probation rather than to the 6 ½-...
To view the full article, register now.