High Court Declines Review Of Appeal In Market Manipulation Suit

Mealey's (February 28, 2023, 2:18 PM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court will not hear an appeal of a Second Circuit U.S. Court of Appeals ruling that a federal district court correctly defined “manipulative act” in a jury instruction during the trial of three defendants for their roles in a market manipulation scheme, which the Second Circuit found to be consistent with its construction of market manipulation....