Fund manager wins reconsideration in SEC fraud suit
(March 25, 2022) - A portfolio manager charged with defrauding mutual fund investors will get a chance to argue at trial that his alleged misstatements were immaterial to investors, a Wisconsin federal judge has ruled, reconsidering a summary...
Related Articles from Westlaw Securities Enforcement & Litigation Daily Briefing
Article: Fund manager wins round in CFTC suit over $680 million loss 2021 SECDBRF 0338
Date: Nov. 24, 2021
A Wisconsin portfolio manager has defeated the Commodity Futures Trading Commission's motion for summary judgment in a federal lawsuit claiming he misled mutual fund investors about the risks of his options trading strategy.