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2nd Circ. Upholds SAC Manager's Insider Trading Conviction

By Carmen Germaine ( August 23, 2017, 11:04 AM EDT) -- A divided Second Circuit upheld former SAC Capital Advisors LP manager Mathew Martoma's conviction for insider trading on Wednesday, finding that Martoma didn't need to have a close relationship with his tipper to sustain his conviction, over a lengthy dissent. . . .

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