Supreme Court Will Not Review Hedge Fund Execs’ Securities Fraud Convictions

Mealey's (October 3, 2022, 1:55 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on Oct. 3 declined review sought by two former hedge fund executives convicted of securities fraud in an alleged scheme that involved a reinsurer and related entities that asked the Supreme Court to determine whether federal district courts have the discretion to weigh certain evidence when determining whether to grant a new trial....