CRM/LAW C144 Lecture Notes - Lecture 15: Insider Trading, Mail And Wire Fraud, Investment Banking

• School: UC-Irvine
• Department: Criminology, Law and Society
• Course: CRM/LAW C144
• Professor: James Meeker

Document Summary

Defendant was charged with abortion, but is making referrals for the doctor to make abortions. Legal reasoning: the defendant knew that the doctor was performing illegal abortions and she still decided to join him. The court held that by joining the conspiracy, she became responsible for the substantive offenses committed as part of that conspiracy. James j. mcdermott (d) who was the president of a new york investment bank had an affair with an adult film star named kathryn gannon. During the time mcdermott (d) was seeing gannon, he used to recommend stocks to her. Unknown to mcdermott (d), gannon was also having an affair with another man named anthony pomponio. ,000 during the period relevant to this case. Mcdermott (d) were charged by the government with conspiracy to commit insider trading. However, evidence to prove that mcdermott (d) had collaborated with gannon to pass stock recommendation to anyone failed, but he was convicted on the conspiracy count.