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Salman v. United States
Citation:137 S.Ct. 420 (2016)
Petitioner Bassam Salman challenges his convictions for conspiracy and insider trading. Salman received lucrative trading tips from an extended family member, who had received the information from Salman’s brother-in-law. Salman then traded on the information. He argues that he cannot be held liable as a tippee because the tipper did not personally receive money or property in exchange for the tips and thus did not personally did not benefit from them.
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