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Gibbons v. Malone et al
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1:10-cv-08640
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January 07, 2013
Discovery Exec's Insider Trading Suit Tossed By 2nd Circ.
The Second Circuit on Monday affirmed a lower court's dismissal of a shareholder's insider trading suit alleging a former director of Discovery Communications Inc. violated a federal rule governing ill-gotten securities gains within a six-month period.
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September 21, 2011
How They Won It: Baker Botts Clears Discovery Exec In Trading Suit
When Baker Botts LLP picked up the defense of a Discovery Communications Inc. executive accused of making more than $300,000 in short-swing trades of his company stock, attorneys Seth Taube and Frederick McGrath knew they were in uncharted territory.
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August 09, 2011
Discovery Communications Exec Beats Insider-Trading Suit
A federal judge in New York on Monday dismissed a shareholder's insider-trading suit against a former director of Discovery Communications Inc., finding no merit to the novel theory of short-swing liability under the Securities Exchange Act.