2nd Circ. Reopens Insider Trading Suit Against Hedge Fund <https://www.law360.com/capitalmarkets/articles/1850743?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-06-25&read_main=1&nlsidx=0&nlaidx=2>
By Jessica Corso The Second Circuit on Monday revived a lawsuit accusing hedge fund Raging Capital Management LLC of profiting off its position as a corporate insider of 1-800-Flowers, rejecting arguments that a recent U.S. Supreme Court ruling overturned circuit precedent allowing shareholders to sue beneficial owners who partake in short-swing trading. Opinion attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1850743?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-06-25&read_more=1&nlsidx=0&nlaidx=2> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1850743?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-06-25&read_later=1&nlsidx=0&nlaidx=2>
