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Court Upholds NYU’s Denial of MBA to PwC CPA Guilty of Insider Trading

The U.S. District Court for the Southern District of New York on Monday upheld NYU's decision to deny an M.B.A. degree from Ayal Rosenthal, a CPA who previously pled guilty to insider trading charges while working for PriceWaterhouseCoopers.  NYU also changed his grade in the professional responsibility course to an "F" (Mr. Rosenthal worked as a TA in the professional responsibility course). Rosenthal v. New York University, No. 08-5338 (S.D.N.Y. Sept. 13, 2010)


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