DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
101820P.pdf 07/19/2011 SEC v. Michael Shanahan, Jr.
U.S. Court of Appeals Case No: 10-1820
U.S. District Court for the Eastern District of Missouri - St. Louis
[PUBLISHED] [Loken, Author, with Wollman and Smith, Circuit Judges]
Civil case - Securities. District court did not err in granting defendant's
motion for judgment as a matter of law at the close of the SEC's case on
the ground that the SEC had failed to prove the required elements of
scienter and negligence with respect to its claims that defendant had
violated securities law by participating in the grant of backdated "in-the-
money" stock options to corporate executives.