During the trial, Milken testified to his actions in the supposed fraud the same actions for which he had pled guilty and his testimony in part convinced the judge, Federal district judge Louis Stanton of New York, to direct a verdictofacquittal, and to not allow the count to go to Jury.
The verdict could give future defendants facing similar evidence doubts about the ability to win an acquittal in the face of similar evidence, some lawyers said.
"The appeal of Amanda's acquittal by the prosecution was not unexpected as they had indicated from the day of the verdict that they would appeal, " a family statement in February 2012 said.