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Second Circuit Review: Court Construes Short-Swing Profit Rule
March 4, 2013 download PDF
Litigation partners Marty Flumenbaum and Brad Karp's Second Circuit Review column appeared in the February 27 issue of the New York Law Journal. The article, "Court Construes Short-Swing Profit Rule," examines Gibbons v. Malone, in which the U.S. Court of Appeals for the Second Circuit considered a novel application of the "short-swing profit rule" of Section 16(b) of the Securities Exchange Act of 1934 (Exchange Act). Litigation associate Jacklyn M. Siegel assisted in the preparation of this column.