Arete Wealth, GC Can't Slip SEC Claims In Offering Fraud Suit
By Katryna Perera
The U.S. Securities and Exchange Commission can move forward with its case against a broker-dealer and its former general counsel and chief compliance officer over an allegedly fraudulent stock offering by three representatives of a "sham" energy company, an Illinois federal judge ruled Thursday, while dismissing some claims related to off-channel communications and settlement releases, among other things.
Opinion attached |
Read full article »
| Save to favorites »
|