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SAC Trader Says 1st Circ. Upheld Newman After Salman

By Carmen Germaine (April 28, 2017, 4:47 PM EDT) -- Ex-SAC Capital Advisors manager Mathew Martoma encouraged the Second Circuit Thursday to follow its sister circuit's lead in holding the U.S. Supreme Court's Salman opinion didn't flip the New York appellate court's earlier finding that close relationships are necessary to sustain insider trading convictions....

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