Published on April 17, 2009 | by LawNews
‘Emerging Issues Analysis’ by Prof. J. Scott Colesanti Affixed to Lexis/Nexis Version of SCOTUS Case Defining Insider Trading
An “Emerging Issues Analysis” authored by Professor J. Scott Colesanti has been affixed to the Lexis/Nexis version of the U.S. Supreme Court case that defines insider trading. The commentary is titled “Insider Trading and Why Materiality May Someday Become Immaterial” and it appears before United States v. O’Hagan, 521 U.S. 642 (1997). The piece discusses how traditional, threshold requirements of proving insider trading have become subjugated to circumstantial considerations of timing and noteworthy profits.