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U.S. v. OSTRANDER

No. 91 Cr. 838 (RO).

792 F.Supp. 241 (1992)

UNITED STATES of America, Plaintiff, v. Patricia OSTRANDER, Defendant.

United States District Court, S.D. New York.

April 29, 1992.

Attorney(s) appearing for the Case

Otto G. Obermaier, U.S. Atty. S.D.N.Y. New York City (Kenneth J. Vianale, Asst. U.S. Atty., of counsel), for plaintiff.

Cooley, Manion, Moore & Jones, P.C., Boston, Mass. (Harry L. Manion, III, of counsel), Lankler, Siffert & Wohl, New York City (John S. Siffert, of counsel), for defendant.

OPINION

OWEN, District Judge.

Patricia Ostrander was a portfolio manager of several mutual funds, including Fidelity Puritan Fund, all under the umbrella of Fidelity Management and Research Company and Fidelity Management Trust Company. In the penumbral wake of the Milken scandal, she has been indicted on charges that she bought and sold hundreds of millions of dollars worth of "junk bonds" on behalf of Fidelity's various funds through Drexel Burnham Lambert...

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