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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.