Appeals court won't reconsider decision on insider trading

April 3, 2015 7:41 PM

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A federal appeals court has refused to reconsider a ruling that dealt a blow to the prosecution of insider trading on Wall Street.

The 2nd U.S. Circuit Court of Appeals issued a one-paragraph ruling Friday turning down a petition from the office of U.S. Attorney Preet Bharara.

Also read: Supreme Court rules for prosecutors in insider trading case

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