ABSTRACT

This chapter explores case laws based on business and corporate crimes. It includes the case of Jahanrakhshan who was convicted for conspiracy and substantive violations of the Computer Fraud and Abuse Act. He appealed based on the element of damages and ineffective counsel. Jahanrakhshan moves for judgment of acquittal on two related grounds regarding loss amount and for new trial based on ineffective assistance of trial counsel. Because the Court finds there was legally sufficient, competent evidence to support the verdict, the Court denies the motion for judgment of acquittal. The chapter also includes the case of Timothy McGee who appeals his conviction on a variety of securities violations, including insider trading. McGee contends that there is insufficient evidence to sustain his convictions, and that the District Court exceeded its discretion in denying his motion for a new trial based on newly discovered evidence.