Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Nevilledog

(50,659 posts)
Fri Oct 15, 2021, 11:44 AM Oct 2021

Federal Judges or Their Brokers Traded Stocks of Litigants During Cases

https://www.wsj.com/articles/federal-judges-brokers-traded-stocks-of-litigants-during-cases-walmart-pfizer-11634306192

No paywall
https://archive.is/EMLgt

Mary Geiger Lewis acquired Walmart Inc. stock. Charles Norgle Sr. reported nearly a dozen buys and sells of Pfizer Inc. shares. Charles Siragusa had two accounts that bought Medtronic PLC stock.

None of that would be a problem, except for this: All are federal judges, and at the time of the trades, all were hearing cases involving those companies.

The Wall Street Journal discovered this trading in a broad investigation that identified 131 federal judges who heard hundreds of cases between 2010 and 2018 involving companies in which they or a family member owned stock—in violation of federal law and judicial-ethics rules.

Judges Lewis, Norgle and Siragusa were among 61 judges who didn’t just own stocks of companies that were litigants in their courtrooms. Accounts held by the judges or their families traded shares as suits were progressing, the Journal’s investigation found. Nearly half of the judges reported more than one trade while a case was in progress.

*snip*

6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Federal Judges or Their Brokers Traded Stocks of Litigants During Cases (Original Post) Nevilledog Oct 2021 OP
Let me guess. All GOP appointees? lagomorph777 Oct 2021 #1
They should be disbarred and charged with criminal charges MagickMuffin Oct 2021 #2
Will we get justice? onecaliberal Oct 2021 #3
No. There's no justice for highly placed people in the United States. BComplex Oct 2021 #4
Totally agree! WA-03 Democrat Oct 2021 #5
Maybe if Biden won't expand the USSC, Congress can impose reporting rules on the USSC judges in2herbs Oct 2021 #6

MagickMuffin

(15,886 posts)
2. They should be disbarred and charged with criminal charges
Fri Oct 15, 2021, 11:51 AM
Oct 2021


What they did they knew was unethical and illegal, but they did it anyway because they thought they could get away with their Black Robed crimes.


We have blue collar criminals, white collar criminals and now the deep state Black Robed criminals.



BComplex

(7,977 posts)
4. No. There's no justice for highly placed people in the United States.
Fri Oct 15, 2021, 12:56 PM
Oct 2021

There may be an investigation or two, but that is only to pacify the public until they move on to the next scandal.

Until the USA reintroduces the rule of law for ALL Americans, we are just another third world country.

in2herbs

(2,942 posts)
6. Maybe if Biden won't expand the USSC, Congress can impose reporting rules on the USSC judges
Fri Oct 15, 2021, 01:38 PM
Oct 2021

and the punishment for not reporting their investments while being in a position to rule on litigation involving their investment(s) should be immediate disbarment. And not limit it to USSC, for example the 5th Circuit could stand to have some light shined on it, too. Make investment reporting mandatory for all judges.

Is there anything prohibiting Congress from imposing this type of rule?

Latest Discussions»General Discussion»Federal Judges or Their B...