Author: ESPN.com

A shorter version of this article originally appeared on Bloomberg Law , part of Bloomberg Industry Group, Inc. (800-372-1033), and is reproduced here with permission. The footnotes, which contain material that did not appear in the Bloomberg Law version of the piece, are a form of “bonus content” for Original Jurisdiction subscribers. When I first read about allegations of a massive insider-trading ring that involved lawyers who worked at multiple leading law firms , I was stunned. To put it bluntly: What the heck were they thinking? According to the federal indictments in United States v. Nourafchan and United States…

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