Fund Manager Argues 1st Circuit Should Reverse Denial Of Fees In SEC Enforcement

( February 20, 2025, 12:39 PM EST) -- BOSTON — A hedge fund manager and his company argue in an appellant reply brief that the First Circuit U.S. Court of Appeals should reverse a Massachusetts federal judge’s finding that they are not entitled to attorney fees under the Equal Access to Justice Act (EAJA) after partially prevailing on claims brought by the Securities and Exchange Commission because the sanctions the SEC demanded were excessive....