Year: 2013

The Supreme Court rejected the SEC’s effort to extend the five year statute of limitations for imposing a civil penalty by engrafting a discovery exception onto the statute. Chief Justice Roberts, writing for a unanimous Court, held that under Section …

Supreme Court Rejects SEC Effort to Extend Statute of Limitations Read More »

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A hedge fund manager and its principals were charged with fraud for secretly altering the structure of the funds for the benefit of select investors and then raising additional funds without disclosing this to the new investors. The complex eventually …

Hedge Fund Adviser Charged with Fraud For Secretly Restructuring to Favor Select Investors Read More »

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