Firm News
Partner Glen Donath Interviewed by Reuters About Oil Price Manipulation Cases
May 3, 2012
Glen Donath, a partner in the firm's White Collar Practice, is quoted in a Reuters article on the lack of cases alleging energy market price manipulation brought under the Obama administration, despite soaring gas prices and the president's push to strengthen federal supervision of oil markets. "It's a very popular political issue ... it's always invoked to blame complicated pricing issues on speculators," says Mr. Donath, who has worked on such cases previously. "It also feels good to point to an easy fix under the criminal laws, but the reality is they're very hard to prosecute." ("
Oil Price Manipulation Seldom Prosecuted Under Obama," April 20, 2012)