Third Circuit Rejects A Sentencing Guidelines Calculation For Economic Crimes Based On “Intended Loss”
On Wednesday, November 30, 2022, the United States Court of Appeals for the Third Circuit decided United States v. Banks, Case Nos. 19-3812 & 20-2235 (3d Cir. Nov. 30, 2022), a significant case in which the court, sitting en banc, held that calculation of the advisory sentence under United States