High Court Review Of Collateral Estoppel Ruling In SEC Action Sought

Mealey's (August 16, 2019, 1:31 PM EDT) -- WASHINGTON, D.C. — U.S. Supreme Court review of a Ninth Circuit U.S. Court of Appeals ruling in a Securities and Exchange Commission enforcement action is necessary because the appellate court’s reasoning in affirming a lower court’s grant of summary judgment has exacerbated a split among the federal circuits of appeal, as well as among several state courts of appeal, the defendant argues in a July 17 petition for writ of certiorari (Mitchell J. Stein v. U.S. Securities and Exchange Commission, No.  19-97, U.S. Sup., 2019 U.S. S. Ct. Briefs LEXIS 2681)....