Judge Axes Bid To Recoup Short-Swing Profits In Novel Ruling <https://www.law360.com/newyork/articles/2311836?nl_pk=b53aa520-5013-4a8d-a57c-18936227adef&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2025-03-18&read_main=1&nlsidx=0&nlaidx=10> By Katryna Perera A New York federal judge has ruled in a matter of first impression that sporting goods company Clarus Corp. cannot recoup $57 million in short-swing profits a trading firm made from a series of transactions because the high-volume trades fit an exemption for market-making activities. Opinion attached | Read full article » <https://www.law360.com/newyork/articles/2311836?nl_pk=b53aa520-5013-4a8d-a57c-18936227adef&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2025-03-18&read_more=1&nlsidx=0&nlaidx=10> | Save to favorites » <https://www.law360.com/newyork/articles/2311836?nl_pk=b53aa520-5013-4a8d-a57c-18936227adef&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2025-03-18&read_later=1&nlsidx=0&nlaidx=10>