All May Once Again Be Good In Ex-Wells Fargo Bros’ Hood
Celebrating.
Because Preet Bharara’s nightmare might be Gregory Bolan and Joseph Ruggieri’s getting-away-with-not-quite-insider-trading dream come true, biatchhhhh.
Citing the ruling by the 2nd U.S. Circuit Court of Appeals in New York, Patil ordered the SEC to provide evidence by Friday showing Bolan received something in exchange for tipping Ruggieri.
"That means a personal benefit is going to have to be established by the division," he said. "And if they can't even offer or proffer one and show there's a dispute, then I may rule against you all together."
Props.
Judge signals may toss ex-Wells Fargo employees’ insider trading case [Reuters]