May 19, 2014
The Second Circuit on Monday reversed a negligence verdict against a former Prudential Securities Inc. broker in a case brought by the U.S. Securities and Exchange Commission, saying the evidence used to find him guilty of intentionally engaging in illegal market activity was insufficient.
February 07, 2014
Second Circuit judges skeptical of a negligence verdict against a former Prudential Securities Inc. broker dubbed the "poster child" for market timing pressed a U.S. Securities and Exchange Commission lawyer Friday to justify the jury's findings.