Federal appeals court won't reconsider decision on Wall Street insider trading

April 3, 2015 9:37 PM

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A federal appeals court refused Friday to reconsider a ruling that dealt a blow to U.S. Attorney Preet Bharara and the prosecution of insider trading on Wall Street.

The 2nd U.S. Circuit Court of Appeals issued a one-paragraph ruling turning down a petition from Bharara's office. It said neither the three-judge panel that made the ruling in December nor the entire court would rehear the case.

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