In the News Today – April 6, 2015
The New York Times profiled class action lawyer Jay Edelson—perhaps Silicon Valley’s “most hated person”—whose Chicago-based law firm “has become one of the most prolific filers of privacy class actions” against tech giants like Google, Amazon, and Apple. (New York Times)
U.S. Attorney Preet Bharara’s request for rehearing of U.S. v. Newman was denied by New York’s Second Circuit on Friday. The ruling “vastly raised the bar for the government to prove insider trading.” (Law360)