Second Circuit Grants Bail to Shapiro Arato Client Pending Appeal of Insider Trading Case

On February 2, 2016, a three-judge panel of the Second Circuit Court of Appeals ordered the release of our client, Douglas Whitman, on bail pending the appeal of a decision denying him post-conviction relief from his conviction for insider trading. Mr. Whitman is appealing a district court decision denying his motion for habeas relief based on a claim that his conviction is invalid under the Second Circuit’s landmark decision in U.S. v. Newman.

Alexandra Shapiro is working on the case together with co-counsel Dennis Riordan and Theodore Sampsell-Jones. All three were named among Law360’s “Legal Lions” of the week for this result.

More information about the Court’s order granting bail can be found here.

More information about the firm’s work in the Newman case can be found here and here.