“Legal experts said the plea agreement is a strong indication that Justice officials expect to target others. ‘Typically, jurisdictions don’t offer individuals cooperation agreements unless they believe they’re going to be able to utilize that person’s information and ultimately gain their testimony,’ said Charles Ross, a New York criminal defense attorney and expert in securities law.”

“Legal experts say the firm probably would not bring the traders back if it thought federal investigators would uncover wrongdoing on their part…. ‘If the internal investigation has convinced the company that they didn’t do anything worth firing them over and they’ve been invited back, then that’s a good sign for them and it’s probably a good sign for the company,’ said Charles Ross, a white-collar defense lawyer in New York who has defended compliance officers, fund managers and brokers in securities cases.”