Opinion ID: 3036135
Heading Depth: 4
Heading Rank: 3

Heading: Tipping

Text: To convict Bhagat of tipping Gill, the government was required to prove that the tipper, Bhagat, provided the tippee, Gill, with material, inside information, prior to the tippee’s purchase of stock. See United States v. O’Hagan, 521 U.S. 642, 675 (1997). [12] Viewing the evidence in the light most favorable to the prosecution, we cannot say that no reasonable trier of fact could have found Bhagat guilty. Bhagat and Gill were friends; Bhagat had provided inside information to his real estate broker, with whom he shared a more distant relationship; Gill purchased stock shortly after Bhagat; and Gill’s purchase was his largest purchase of the year. See United States v. Larrabee, 240 F.3d 18, 21-22 (1st Cir. 2001) (listing relevant factors).