Supreme Court Report

Supreme Court of the United States · Official docket →

Michael Baker v. United States

Paid petition · United States Court of Appeals for the Fifth Circuit, No. 23-50898 · judgment May 31, 2024


Certiorari denied · June 2, 2025
Pre-decision estimate: 2% cert probability

Before the decision, well below the 4.1% base rate, with no standout signals pointing toward a grant.

Questions presented

  1. Does a stockholder possess a traditional property interest in “complete and accurate information” of a corporation such that any misstatement or omission on a conference call with current shareholders can form the basis for a wire fraud prosecution?

  2. Is the fluctuation of a stock price a valid basis for calculating loss under the Sentencing Guidelines?

Counsel of record

For petitioner
David Michael Gonzalez
Sumpter & Gonzalez. LLP

For respondent
D. John Sauer
Solicitor General

Case

Conference history
Distributed for 2 conferences

Proceedings

  1. Jun 02 2025
    Petition DENIED.
  2. May 27 2025
    DISTRIBUTED for Conference of 5/29/2025.
  3. Oct 23 2024
    DISTRIBUTED for Conference of 11/8/2024.
  4. Oct 04 2024
    Memorandum for the United States filed.
  5. Aug 29 2024
    Petition for a writ of certiorari filed. (Response due October 4, 2024)