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U.S. v. RENNERT

No. 03-1511, 03-1518, 03-1519.

374 F.3d 206 (2004)

UNITED STATES of America v. Philip Andre RENNERT, Appellant United States of America v. George Raymond Jensen, Appellant United States of America v. Michael Lewis Miller, Appellant.

United States Court of Appeals, Third Circuit.

Filed June 10, 2004.

Attorney(s) appearing for the Case

James H. Feldman, Jr. (Argued), Law Offices of Alan Ellis, Ardmore, PA, for Appellant, Philip Andre Rennert.

Peter Goldberger, Law Office of Peter Goldberger, Ardmore, PA, for Appellant, George Raymond Jensen.

Christopher D. Warren (Argued), Philadelphia, PA, for Appellant, Michael Lewis Miller.

Patrick L. Meehan, United States Attorney, Laurie Magid, Deputy United States Attorney for Policy and Appeals, Robert A. Zauzmer, Assistant United States Attorney, Senior Appellate Counsel, Andrea G. Foulkes(Argued), Assistant United States Attorney, Office of United States Attorney, Philadelphia, PA, for Appellee.

Before SLOVITER, ALITO, Circuit Judges and OBERDORFER, District Judge.

OPINION OF THE COURT

SLOVITER, Circuit Judge.

I.

Appellants Michael Miller and Philip Rennert were convicted by a jury of conspiracy, wire fraud, and securities fraud; Appellant George Jensen was convicted by a jury of securities fraud. Their convictions resulted from their involvement in a complex scheme under which they leased the worthless stocks of several public companies to the Teale Network ("Teale"), a fraudulent network of offshore...

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