3rd Circ. Upholds Prison Stint For Morgan Crucible CEO

Law360, New York (March 23, 2011, 4:58 PM EDT) -- The Third Circuit on Wednesday upheld an 18-month prison sentence for former Morgan Crucible Co. PLC CEO Ian Norris, who was found guilty of conspiring to obstruct justice in a price-fixing investigation of the carbon products industry.

In an unpublished opinion, a three-judge panel for the U.S. Court of Appeals for the Third Circuit ruled that federal prosecutors had presented sufficient evidence to support Norris' conviction, and that the jury had received proper instructions before the seven-day trial.

Norris was sentenced to 18 months in prison,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.