The U.S. Securities and Exchange Commission filed suit in 2010 against Capital Solutions Monthly Income Fund and Todd Duckson, a Minneapolis attorney who controlled the fund.
Following a five-week civil trial before U.S. District Judge Donovan Frank, the jury Tuesday found that Duckson and the fund had violated securities laws. The decision on any financial penalties in the case will come later.
via SEC wins fraud judgment against Minneapolis fund – TwinCities.com