Bharara Says He Wasn't Surprised By Newman Cert. Denial

By Ed Beeson (October 7, 2015, 11:05 PM EDT) -- U.S. Attorney Preet Bharara said on Wednesday he wasn't surprised that a busy U.S. Supreme Court did not take up the federal government's appeal of the landmark Newman decision despite his hopes the justices would accept the case and reverse a ruling on insider trading with which he deeply disagrees.

The top Manhattan federal prosecutor made the remark during a lunchtime talk at New York University's School of Law, just two days after the high court effectively turned the Second Circuit's contentious decision in U.S. v. Newman into settled law on insider trading. 

"It's an uphill battle to get the court...

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