‘Enforcement 40’ for 2020
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By Securities Docket on September 26, 2014, 9:55 am
Yesterday, U.S. District Judge Shira Scheindlin ruled that Sam Wyly and the estate of his late brother, Charles, must pay $187.7 million in disgorgement following the SEC’s May 2014 jury verdict against them. The court described the judgment as a “staggering” sum that could reach $300-$400 million with interest. via Federal Court Orders Wylys to […]
By Securities Docket on September 26, 2014, 8:55 am
Get caught up with the Securities Docket News Wire for September 25, 2014.