In another case of alleged financial wrongdoing of two Bear Stearns executives RalphCioffi and Matthew Tannin, the government relied on emails to support their case.
Notwithstanding some recent high-profile setbacks, like the f ailed prosecution of former Bear Stearns hedge fund managers RalphCioffi and Matthew Tannin, the feds usually win.
In 2009, a federal jury in Brooklyn found Bear Stearns hedge fund managers RalphCioffi and Matthew Tannin not guilty on six counts of conspiracy and fraud.
Ms. Brune's client, Matthew Tannin, and his Bear colleague RalphCioffi were acquitted of securities fraud in the only major financial-crisis prosecution in 2009, without taking the stand.