Nonetheless, the plan to let SEC end its case without a word in Bennett’s defense has drawn barbs from lawyers who say it can compound an already bad problem by leading to a judgment against her.
“This is the biggest mistake that you can make,” said Columbia Law School professor John Coffee.
Bennett, however, could appeal such a judgment, raising the same constitutional arguments. The strategy was “diligently researched,” said Gregory Morvillo, Bennett’s New York-based lawyer.
“We knew that there could be short-term difficult times, but we’re hoping for long-term victory,” Morvillo said.
‘Enforcement 40’ for 2020
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