U.S. v. Pacilio
Published on:
February 22, 2019
Committee:
Court:
U.S. District Court
(N.D. Illinois)
Amicus Issue:
Whether making a valid offer to trade on an open market would constitute wire fraud if the party hoped to withdraw the offer before acceptance, even in the absence of any misrepresentation to the market, and absent any fiduciary duty that would impose a duty to speak.
Counsel of Record:
Morgan Lewis & Bockius LLP
Kenneth M. Kliebard
Michael M. Philipp
Gregory T. Fouts
Other Amici:
U.S. Chamber of Commerce
Bank Policy Institute