Former Palo Alto Networks Engineer Challenges Securities Fraud Conviction

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“It kind of begs credulity to suggest that when there are hundreds of contacts over a period of time that they had no relationship,” Judge Smith said. “It just doesn’t make any sense.”

Barama’s counsel likened their relationship to that of a financial advisor and a client, but Judge Smith appeared unconvinced.

Panel Deliberation

The appellate panel, consisting of Judges Milan Dale Smith, Jr., Eric D. Miller, and Patrick J. Bumatay, took the matter under advisement. A ruling is expected at a later date.