| Accused Trading Desk
Insider Trader Mitchell Was to
Plead Guilty Oct 19 But Emergency
by
Matthew Russell Lee, Patreon Book
Substack SDNY
COURTHOUSE,
Oct 19 â When Jesse Mitchell,
the former finance director
for California-based online
advertising company The
Trading Desk, was indicted for
insider trading and arrested
on August 20, DOJ put out a
press release and media, at
least in Venture County,
covered it. But when
Mitchell showed up in the U.S.
District Court for the
Southern District of New York
on August 31, Inner City Press
was the only media there. First in the
Magistrates Court, where the
Federal Defender explained
Mitchell intends to retain
private counsel by the end of
the week, then up before the
assigned District Judge where
he pled not guilty, there was
no one else there. Mitchell
was dressed informally, and
had a white plastic shopping
bag on the table next to him.
Up before
District Judge Jennifer H.
Rearden, the question arose of
whether he was "effectively
unrepresented" or could
nevertheless be arraigned. He
was, and pled not guilty. A control date of
September 22 - the first day
of the UN General Assembly
week speeches, when midtown
will be full of heads of state
- was set, and Speedy Trial
Act time excluded until then.
On September 8 -
as the first part of the UNGA
session began - Mitchell had a
notice of appearance filed:
NOTICE OF ATTORNEY APPEARANCE:
Michael Angelo Baldassare
appearing for Jesse Mitchell.
Appearance Type: Retained." On October 15 the
US Attorney's Office wrote in
that Mitchell is to plead
guilty on October 19: On October 19,
this: "This firm represents
Defendant Jesse Mitchell. I
write to Your Honor requesting
an adjournment of today's plea
hearing due to Mr. Mitchell's
health emergency. The
Government does not object to
this request. The Defense
consents to the exclusion of
time. We will consult with our
client as to his status and
plan to update the court by
tomorrow with proposed dates
for the rescheduled plea
hearing. ENDORSEMENT:
Application GRANTED. The plea
proceeding scheduled for
October 19, 2026 at 2:00 p.m.
is hereby adjourned. The
parties shall file a joint
letter proposing alternate
dates by October 20, 2026. " The case is USA v. Mitchell, 1:26-cr-361 (Rearden)
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