2nd Circ. Weighs Insider Trading Raps Post-Bridgegate

Law360, New York (June 9, 2021, 11:01 PM EDT) -- A former Centers for Medicare & Medicaid Services worker and two former hedge fund analysts on Wednesday urged the Second Circuit to reverse all of their insider trading convictions following the U.S. Supreme Court's remand in light of its Bridgegate decision, saying the government can't salvage two counts of conviction out of many it now agrees should be set aside. 

The Second Circuit in 2019 affirmed the convictions of CMS-worker-turned-consultant David Blaszczak, ex-CMS worker Christopher Worrall and two employees at $8 billion hedge fund Deerfield Management Co. LP, Theodore Huber and Robert Olan. Prosecutors said Blaszczak passed information about pending changes...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!