« More Bad Lawyers... | Main | IPOs versus Acquisitions: An Empirical Analysis »
November 6, 2009
"Artie" was right to be spooked
Don't trade options. Yes, that's right, but it turns out these guys weren't as smart as they thought. Best not to share confidential information about your client's transaction with anyone. From the DOJ's criminal complaint:
At one point defendant Drimal allegedly tells a confidential informant that the source for his inside information was a lawyer and that he had no idea why he [Cutillo] "was risking his legal career and possibly 'jail' by providing [inside] information." Indeed.
-bjmq
November 6, 2009 in Insider Trading, Lawyers | Permalink
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef0120a6b134b7970c
Listed below are links to weblogs that reference "Artie" was right to be spooked:

