European Court Denies Soros Insider Trading Appeal

Law360, New York (March 29, 2012, 1:31 PM EDT) -- Billionaire financier George Soros lost his bid Tuesday for an appeal from The European Court of Human Rights, which declined to review its previous upholding of the defendant's decade-old insider trading conviction despite Soros' claims that a French court violated his rights.

Without providing the reasoning behind its decision, the Grand Chamber announced in a statement that Soros could not not appeal the European Court of Human Rights' divided October decision upholding the 2002 conviction of Soros by the Paris Court of Appeal on charges that...
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