US to Drop Charges Against Three in Government Insider Case
- Deferred prosecution deal caps defeat for government
- Supreme Court had ordered new look on insider-trading cases
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US prosecutors agreed to drop charges against the former “King of Political Intelligence” and two others for allegedly trading on secret government information, six years after they were first charged.
David Blaszczak, a Washington consultant and former Medicare official, his former government colleague Christopher Worrall, and Robert Olan and Theodore Huber, who were partners at Deerfield Management, were convicted of some of the charges after a trial in 2018.