Ex-SAC Manager Martoma Wants Conviction Thrown Out

Law360, New York (February 28, 2014, 2:12 PM EST) -- Former SAC Capital Advisors LP portfolio manager Mathew Martoma asked a New York federal judge on Thursday to reverse his conviction for an alleged $275 million insider trading scheme, saying — among other things — that the government had failed to prove he committed a crime.

In his Thursday memorandum of law, Martoma said that the government did not prove "beyond a reasonable doubt" that was guilty of any of the allegations. Additionally, Martoma said that the testimony of the government's star witness was unreliable, and...
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