Bharara Shows Path To Post-Newman Wins In Stewart Trial
By Stewart Bishop (August 18, 2016, 9:26 PM EDT) -- The trial and conviction of former JPMorgan Chase & Co. banker Sean Stewart for leaking confidential information about health care mergers to his father shows the Manhattan U.S. attorney's anti-insider trading effort remains strong, experts say, despite fears of a dampening effect caused by the Second Circuit's landmark Newman decision.
On Wednesday morning, after more than five days of deliberations, jurors convicted Sean Stewart of conspiracy, securities fraud and tender offer fraud, even after signaling a possible deadlock to the court days earlier.
Sean Stewart, 35, a former investment banker for JPMorgan and Perella Weinberg Partners, was accused of illegally tipping...
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