Prosecutors asked a Delaware federal judge on Wednesday to label nine former and current employees at Wilmington Trust Corp. “hostile witnesses” ahead of a securities fraud trial, a designation that would change the ground rules when they testify.
That motion cited a Law360 interview with McCarter & English LLP’s Michael Kelly, who is representing one of the defendants, in which he said the case would probably be his most interesting matter to date, and that it “has been a real eye-opener as to the broad discretion that prosecutors enjoy.”