| Accused Trading Desk
Insider Trader Intends to Hire
Counsel As Gets Arraigned in SDNY
by
Matthew Russell Lee, Patreon Book
Substack
SDNY
COURTHOUSE,
Aug 31 – When Jesse Mitchell,
the former finance director
for California-based online
advertising company The
Trading Desk, was indicted for
insider trading and arrested
on August 20, DOJ put out a
press release and media, at
least in Venture County,
covered it.
But when
Mitchell showed up in the U.S.
District Court for the
Southern District of New York
on August 31, Inner City Press
was the only media there.
First in the
Magistrates Court, where the
Federal Defender explained
Mitchell intends to retain
private counsel by the end of
the week, then up before the
assigned District Judge where
he pled not guilty, there was
no one else there.
Mitchell
was dressed informally, and
had a white plastic shopping
bag on the table next to him.
Up before
District Judge Jennifer H.
Rearden, the question arose of
whether he was "effectively
unrepresented" or could
nevertheless be arraigned. He
was, and pled not guilty.
A control date of
September 22 - the first day
of the UN General Assembly
week speeches, when midtown
will be full of heads of state
- was set, and Speedy Trial
Act time excluded until then.
Inner City Press
will be following the case.
The indictment is on Patreon
here.
The case is USA
v. Mitchell, 1:26-cr-361
(Rearden)
***
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