ML takes on Department of Justice in Auction Rate Securities case
MoloLamken has been retained to handle the sentencing and appeal of a former Credit Suisse trader convicted in connection with the sale of auction rate securities. The trial court imposed a sentence substantially less than that sought by the government or called for under the federal sentencing guidelines. The appeal proceeds. Read more:
Ex-CSFB Broker Receives Five-Year Sentence--About Half of What Federal Guidelines Suggest
Ex-Credit Suisse Broker Butler Gets Five-Year Prison Sentence
Ex-Credit Suisse Broker Butler Avoids Prison During Fraud Verdict Appeal
On June 15, 2011, the United States Court of Appeals for the Second Circuit reversed the substantive securites fraud conviction of Mr. Butler. Read more:
2nd Circuit raps Brooklyn prosecutors for airport venue claim