Judge Grants Summary Judgment In Favor Of SEC In Securities Fraud Suit

Mealey's (February 18, 2016, 1:42 PM EST) -- FORT WORTH, Texas — A federal judge in Texas on Feb. 17 granted the Securities and Exchange Commission’s motion for summary judgment in a securities fraud lawsuit, ruling that the SEC has provided sufficient evidence in seeking disgorgement of all ill-gotten gains received by an attorney as part of his role in two securities offerings (Securities and Exchange Commission v. Gregory G. Jones, No. 15-438, N.D. Texas; 2016 U.S. Dist. LEXIS 18811).

(Opinion available. Document #57-160321-007Z.)

The SEC sued Gregory C. Jones and Aquafex Total Water...
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