NIR Group

[jurisper]

I am actually nervous about whether the jury will return a guilty verdict in the Lauer/Lancer criminal trial - even though from a common-sense point of view it's a no-brainer. The defense just has so much scope to say that Lauer simply got things wrong; expert witnesses can easily be bought and can tend to cancel each other out; and so the main evidence for criminal intent comes from the testimony of shady insiders on plea bargains with obvious motives to lie.

FWIW, he was indeed acquitted. These cases are tough!

http://www.bloomberg.com/news/2011-04-27/lancer-group-founder-michael-lauer-acquitted-of-stock-fraud-in-hedge-funds.html