HOME AND STAY PUT THERE
salesman of marbles—did a round of golf with his Massachusetts lawyer friend
(“L”), a man in his mid-50s. Somehow the conversation got around to an upcoming
sale of securities. There was prohibited tipping—and not of the daddy—and there
was a resulting insider trading case involving allegations of conspiracy. United States v. S.
was for L himself.
The prosecution had originally wanted a two year prison sentence, but in
the end, the judge imposed home confinement for 8 months. This is a very light
sentence, in case anyone is confused on this point.
sort of apparent deviation from legal regularity is that all or two of the following
considerations are in play:
over on other members of the conspiracy. (2) L either has been or will shortly be
disbarred, probably ruining or harming his life substantially, e.g., divorce is
not uncommon in these circumstances, and if they are kids, they can’t attend—or
continue attending–the same private colleges where most of their friends go.
or at the end of the confinement will
really be broke-broke.
work very hard to find some kind of new type of job, and he will not make what
he used to. So why might L need more time in the clink and more severity. He’s
going to be pretty humiliated anyway.
suffering reeked on the female spouse.
My wife, for example, can barely stand my coming home for lunch on work
days, and if I wanted to spend most of a day at home drafting or reading a
brief, she might well divorce me for that offense.
344-9466 – Fax
Originally posted on 08/19/2015 @ 5:48 pm