Former Thacher Associate Who Admitted to Insider Trading Disbarred
A former associate of now-defunct Thacher Proffitt & Wood who admitted to netting up to $800,000 from an insider trading scam has been disbarred. A New York appellate panel refused Amir Rosenthal's request to resign from the New York Bar, noting that conviction of a federal felony triggers automatic disbarment when an offense is identical to or essentially similar to a felony under New York Penal Law.