Convicted Diamondback Trader Can't Shield Backers' Names

Law360, New York (April 23, 2013, 6:52 PM EDT) -- A New York federal judge slated to sentence former Diamondback Capital Management LLC portfolio manager Todd Newman, convicted of insider trading in Dell Inc. stock, refused Tuesday to allow the names of people who wrote letters supporting Newman’s plea for leniency to remain redacted in court.

Newman’s attorneys on Thursday presented a sentencing memorandum to U.S. District Judge Richard Sullivan, asking him to impose a sentence below the minimum suggested in federal guidelines and including several letters of support from friends, family and colleagues with their...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Magistrate judge case number: 


Case Number

1:12-cr-00121

Court

New York Southern

Nature of Suit

Date Filed

February 6, 2012

Law Firms

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.