Former Congressman’s Insider Trading Convictions Hold on Appeal

Former Rep. Stephen Buyer (R-Ind.) lost an appeal to undo his convictions for insider trading Wednesday.

Among other things, Buyer challenged the admission of of a forensic report of cellphone data generated by a computer program. But the US Court of Appeals for the Second Circuit said the report was properly admitted.

Buyer argued that it was plain error to admit the report without giving him the opportunity to cross-examine the analyst who prepared it, claiming it violated the confrontation clause. But the case he relied on to say the error was plain dealt with a defendant’s blood-alcohol concentration and ...