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Cops can get tunnel vision. If there's anyone capable of walking right up to but not crossing the "insider trading line" it's going to be a lawyer that special

Cops can get tunnel vision. If there's anyone capable of walking right up to but not crossing the "insider trading line" it's going to be a lawyer that specializes in insider trading. If there's anyone that's going to be arrested as a false positive for insider trading it's going to be someone walking right up to but not crossing the line. I dunno if his lawyer is just very optimistic but “We look forward to defending him with respect to these allegations,” is lawyer speak for "I have a mountain of evidence that is going to make these people look like fools." IMO whether he's insider trading or just barely not it's a stupid risk to take either way. Obviously this (and every other comment around here) are just speculation at this point since we have no good details.

gnicholas 8y ago
> “We look forward to defending him with respect to these allegations,” is lawyer speak for "I have a mountain of evidence that is going to make these people look like fools." To me (a former lawyer), that vague statement is definitely not an indication that he has a strong case. He may have one, but that statement comes across as weak to me. It's what you say when you can't offer any specifics about why the allegations are untrue. (As the old lawyer saying goes: "When the facts are on your side, pound the facts. When the law is on your side, pound the law. And when neither is on your side, pound the table.")
- dsfyu404ed 8y ago
  I guess you could read it that way. Most of the time if you're the least bit guilty then "no comment" is the lawyer's comment. Obviously this comment is nothing of substance but it's certainly more upbeat than "no comment"
  - sjjshvuiajhz 8y ago
    I disagree, it’s extremely common for lawyers to make strong denials to the press. Even if there’s nothing to back it up, it looks better from a PR standpoint than a “no comment” which puts the lawyer in a slightly better position when negotiating a settlement.
- intopieces 8y ago
  Right, not even “My client has been a strong advocate for insider trading compliance at Apple for x years. These allegations will be proven unfounded.” Just “I look forward to doing the job I am being paid to do.”
ceejayoz 8y ago
On the other hand, if anyone's going to confidently think they can successfully go a bit over the line, it's gonna be a lawyer specializing in insider trading too.

gnicholas 8y ago

> “We look forward to defending him with respect to these allegations,” is lawyer speak for "I have a mountain of evidence that is going to make these people look like fools." To me (a former lawyer), that vague statement is definitely not an indication that he has a strong case. He may have one, but that statement comes across as weak to me. It's what you say when you can't offer any specifics about why the allegations are untrue. (As the old lawyer saying goes: "When the facts are on your side, pound the facts. When the law is on your side, pound the law. And when neither is on your side, pound the table.")

dsfyu404ed 8y ago
I guess you could read it that way. Most of the time if you're the least bit guilty then "no comment" is the lawyer's comment. Obviously this comment is nothing of substance but it's certainly more upbeat than "no comment"
- sjjshvuiajhz 8y ago
  I disagree, it’s extremely common for lawyers to make strong denials to the press. Even if there’s nothing to back it up, it looks better from a PR standpoint than a “no comment” which puts the lawyer in a slightly better position when negotiating a settlement.
intopieces 8y ago
Right, not even “My client has been a strong advocate for insider trading compliance at Apple for x years. These allegations will be proven unfounded.” Just “I look forward to doing the job I am being paid to do.”

ceejayoz 8y ago

On the other hand, if anyone's going to confidently think they can successfully go a bit over the line, it's gonna be a lawyer specializing in insider trading too.