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Aerospace Co. Urges Justices To Hear 'Toxic Lender' Case

By Jessica Corso ( November 5, 2025, 7:17 PM EST) -- Aerospace company Xeriant Inc. is petitioning the U.S. Supreme Court to hear a lawsuit over a stock-as-collateral loan it entered into with Auctus Fund LLC, arguing the Second Circuit's dismissal of the case clashes with another circuit decision that allowed the U.S. Securities and Exchange Commission to pursue so-called toxic lenders in the microcap space....

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