Restitution for Corporate Victims of Insider Trading: The Skowron Case

This post was written by Pablo Quiñones and Jennifer Achilles.

On March 20, 2012, a New York federal judge ordered Chip Skowron to pay $10 million in restitution to Morgan Stanley as a corporate victim of his insider trading and obstruction of justice schemes. The Skowron decision is a significant victory for corporate victims of insider trading, and provides a roadmap for seeking restitution under the Mandatory Victim Restitution Act. Click here for the full article by Pablo Quiñones and Jennifer Achilles in Bloomberg BNA on the Skowron decision.

Trackbacks (0) Links to blogs that reference this article Trackback URL
Comments (0) Read through and enter the discussion with the form at the end
Post A Comment / Question Use this form to add a comment to this entry.

Remember personal info?