Ex-Nixon Peabody Atty Gets Probation In Trading Case

Law360, New York (November 3, 2011, 4:56 PM EDT) -- A former Nixon Peabody LLP corporate attorney was sentenced Thursday to two years' probation for making false statements in connection with allegations that she bought a client's stock while working on its potential merger, and cashed in after the deal was done.

Melissa A. Mahler, who left Nixon Peabody more than five years ago amid regulatory scrutiny, must also forfeit $62,500 in illicit gains, pay a $2,500 fine and perform 100 hours of community service, U.S. District Judge Royce C. Lamberth in Washington ruled.

Mahler pled...
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