BOSTON, June 15 /PRNewswire/ -- Rick Lane is innocent of these charges, he
intends to fight them, and he will be fully vindicated at trial.
The government is attempting to prosecute Rick Lane for innocuous,
cautious statements made during routine telephone conference calls with
professional Wall Street analysts. Indeed, a federal judge rejected nearly
identical claims in a civil case in New York just one year ago.
The government's actions today seek to create a new, untested, and unfair
theory of criminality that could broadly apply to almost any corporate
executive who speaks with the public. Anyone closely examining these charges
will see a frightening example of government overreaching that sends the clear
message that executives should not speak to the public. This is the wrong
message to send to corporate America, and it is fundamentally unjust for Mr.
Lane.
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Goodwin Procter LLP is one of the nation's leading law firms. The firm's
core areas of practice are corporate, litigation and real estate, with
specialized areas of focus that include financial services, private equity,
technology companies, REITs and real estate capital markets, intellectual
property and products liability. Goodwin Procter is headquartered in Boston,
with offices in New York, New Jersey and Washington, DC. Additional
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Contact:
Melissa Doyle
Goodwin Procter LLP
(617) 570-1026
SOURCE Goodwin Procter LLP
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http://www.goodwinprocter.com
CONTACT:
Melissa Doyle of Goodwin Procter LLP,
+1-617-570-1026
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