2nd Circ. Denies Bail For Former Primary Global Exec

Law360, New York (February 10, 2012, 8:45 PM EST) -- A former Primary Global Research LLC sales executive convicted of fraud for facilitating telephone hookups between corporate insiders and hedge fund managers will stay in prison while the verdict against him is appealed, the Second Circuit said Friday.

James Fleishman, who was sentenced to 2 1/2 years in prison and had hoped to be free while he waits for his appeal to be decided, failed to convince a three-judge panel with his Jan. 14 motion for bail pending appeal that said he was not dangerous or...
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