2nd Circ. Upholds Smart Online Stock Fraud Convictions

Law360, Los Angeles (March 4, 2013, 3:01 PM EST) -- The Second Circuit on Monday upheld convictions for a former Smart Online Inc. CEO and his co-conspirators who were found guilty of bribing stockbrokers to buy shares in the company, saying the district court didn’t err in its instructions to the jury.

Monday’s order comes after a hearing on the matter in September 2011, when the U.S. government urged the court of appeals to uphold convictions for Dennis M. Nouri, Dennis Nouri’s brother Reza E. Nouri and Anthony Martin, a broker convicted of involvement in the...
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