FKSA represented a former Merrill Lynch analyst charged with insider trading in a federal indictment alleging a conspiracy involving unlawful trading ahead of six mergers and acquisitions and the use of brokerage accounts in the United States and Europe. FKSA negotiated a plea agreement for the client that included a sentencing reduction on the grounds that the client played a minor role in the conspiracy. The sentencing court determined that the minor role reduction was reasonable and imposed a prison sentence of 37 months. (Another defendant in the case who was represented by another law firm received a prison sentence of 57 months.)

FKSA litigation partners Katherine L. Pringle and Mary E. Mulligan represented the client.

To read a Bloomberg article on the sentencing, click here.