January 07, 2013
The Second Circuit on Monday affirmed a lower court's dismissal of a shareholder's insider trading suit alleging a former director of Discovery Communications Inc. violated a federal rule governing ill-gotten securities gains within a six-month period.
September 21, 2011
When Baker Botts LLP picked up the defense of a Discovery Communications Inc. executive accused of making more than $300,000 in short-swing trades of his company stock, attorneys Seth Taube and Frederick McGrath knew they were in uncharted territory.
August 09, 2011
A federal judge in New York on Monday dismissed a shareholder's insider-trading suit against a former director of Discovery Communications Inc., finding no merit to the novel theory of short-swing liability under the Securities Exchange Act.