E. GRADY JOLLY, Circuit Judge:
Logan L. Nichols pled guilty to one charge of insider trading. The district court imposed a sentence that downwardly departed from the applicable sentencing guidelines. Because the district court did not apply and articulate a legal basis for the downward departure, we VACATE the sentence and REMAND for resentencing.
I
Logan L. Nichols and three co-defendants were charged with insider trading under 18 U.S.C. §...
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