9th Circuit Denies Rehearing To Securities Fraud Defendants On Final Judgment

( March 12, 2025, 2:08 PM EDT) -- SAN FRANCISCO — A Ninth Circuit U.S. Court of Appeals panel denied a petition for rehearing en banc of securities fraud participants who were subject to a civil enforcement action brought by the Securities and Exchange Commission for their roles in the fraud scheme.  The panel had affirmed final judgment against the parties, finding that SEC properly brought the investigation and enforcement action....

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