Days after David Boies threatened major media organizations over hacked Sony emails, his firm has picked another fight with a respected news outlet, accusing Forbes of publishing "a hit piece of the worst sort" about an aide to former Mexican President Felipe Calderón.
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Shearman & Sterling's Fishbein, who argued the successful insider trading appeal in U.S. v. Newman alongside Mark Pomerantz of Paul Weiss, says it's wrong to think that the Second Circuit made insider trading too tough to prove. But, he says, "it's going to be harder to prove when the defendants are innocent."