Secured far below guidelines sentence for an individual convicted of insider trading in the District of Massachusetts
In a significant insider trading case in federal court in Massachusetts involving alleged millions in illicit profits from trading ahead of earnings, Dynamis’ client initially began cooperating with the government. Ultimately, the client dropped out of cooperation, which left him exposed to a guidelines sentencing range of approximately four years in prison. The government took revenge and demanded that the judge sentence the client to four years in prison, coupled with a multi-million dollar fine. The sentencing hearing was heavily contested, and Eric Rosen was able to have a portion of the government’s sentencing memo thrown out because of a late disclosed wiretap.
Ultimately, after nearly four hours of oral argument, the Court sentenced the client to a year and a day in prison, of which the client served approximately three months before being released to a halfway house and home confinement. Not every case goes to trial, and when that happens, Dynamis attorneys are poised to secure the best possible outcomes for our clients. This case was featured in Law360’s “The Spiciest Quotes Heard in Massachusetts Courtrooms in 2023, for Eric Rosen’s quips at the sentencing. See link to article.
Dynamis LLP is a prominent litigation boutique that represents individuals and corporations in all aspects of white-collar crime and criminal defense. Led by former federal prosecutor Eric Rosen, Dynamis has offices in Boston, New York and Miami, however, we practice nationwide. We have represented clients in federal and state courts in many different jurisdictions. Contact us for more information.
