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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Leucadia National Corp. | NYSE:LUK | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 23.47 | 0 | 01:00:00 |
From Apr 2019 to Apr 2024
A federal appeals court on Tuesday threw out parts of a closely watched case against a former Jefferies Group LLC bond trader, saying the government didn't provide enough evidence at trial to sustain the conviction it won last year.
The U.S. Court of Appeals for the Second Circuit reversed trader Jesse Litvak's conviction on charges of fraud against the U.S. and making false statements, saying the evidence prosecutors offered at trial "provided an insufficient basis for the jury to find that the defendant's misstatements were material to the government."
The judicial panel also vacated Mr. Litvak's conviction on securities fraud charges and sent them back for a new trial, saying that the lower court improperly excluded parts of expert testimony Mr. Litvak had sought to offer.
Write to Aruna Viswanatha at Aruna.Viswanatha@wsj.com
(END) Dow Jones Newswires
December 08, 2015 10:55 ET (15:55 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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