Back in My Day, the SEC was the Plaintiff! (Part II)

Remember yesterday when I said I thought a “full-blown ‘sue the SEC'” trend seemed to be brewing? Now you can add one more lawsuit to the growing list, as nine Louisiana investors who lost a total of about $19 million in the alleged Ponzi scheme of R. Allen Stanford sued the SEC yesterday for its alleged negligence.

Back in My Day, the SEC was the Plaintiff! (Part II), Enforcement Action

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