11th Circuit: Liquidators Untimely Appealed Distribution Plan In SEC Enforcement

( May 13, 2024, 2:30 PM EDT) -- ATLANTA — The 11th Circuit U.S. Court of Appeals denied a petition for rehearing filed by the joint official liquidators of an investment fund named as a relief defendant in an enforcement action brought by the Securities and Exchange Commission who requested that the appeals court reconsider its determination that the liquidators untimely appealed a Florida federal judge’s approval of a distribution plan....