Judge Rejects Arguments In Bristol-Myers Case

Law360, New York (March 28, 2008, 12:00 AM EDT) -- The criminal trial of the former chief financial officer of Bristol-Myers Squibb Inc. will proceed without two of the government's key arguments, after a judge ruled that prosecutors may not raise certain issues when presenting their case.

In a decision handed down last week, Judge Faith S. Hochberg of the U.S. District Court for the District of New Jersey ruled that prosecutors in the trial of Frederick Schiff may not discuss the company's loss of $20 billion in market value in April 2002 because they did...
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