Law360, New York (November 28, 2011, 6:44 PM ET) -- A California judge on Monday denied the U.S. Securities and Exchange Commission's motion to disqualify Fenwick & West LLP from representing an alleged participant in an $8 million insider trading scheme involving Tempur-Pedic International Inc. and Acxiom Corp. securities.
U.S. District Judge Joseph C. Spero said in his order denying the dismissal that the SEC had failed to show that Fenwick had a conflict of interest with defendant Ming Siu arising out of its former representation of another defendant in the lawsuit, Zisen Yu, who confessed...
SEC Can't Oust Fenwick From Insider Trading Suit
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