The Commission dropped an action against two senior executives of Thornburg Mortgage, Inc. rather than retry the market crisis era case. In the initial trial a jury found in favor of the two executives on a number of counts but deadlocked on charges of fraud and lying to the auditors. SEC v. Goldstone, Case No. 12-257 (D.N.M. Filed March 13, 2012).
via SEC Drops Market Crisis Case When Faced With Retrial — SEC ACTIONS