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2nd Circ. Gives Foundry Insider Reprieve From Surrender Date

By Pete Brush ( June 23, 2015, 4:06 PM EDT) -- A Second Circuit panel said Tuesday that convicted former Foundry Networks Inc. executive David Riley would not have to begin his 6 1/2-year prison sentence for insider trading until it decides whether it will hear his appeal sounding in the circuit's U.S. vs. Newman decision, which raised the bar for convicting people who give or receive insider tips....

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