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Steak Offer Doesn't Cut It Under Newman, 1st Circ. Told

By Max Stendahl (January 4, 2016, 1:17 PM EST) -- A criminal defense attorney told the First Circuit on Monday that his insider trading conviction should be reversed under the Second Circuit's Newman decision requiring tippers to receive personal benefits, saying he never followed through on an offer to buy his source dinner at a steakhouse....

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