Panel Upholds Forfeiture, Substitute Assets Orders In Securities Fraud Action

Mealey's (January 31, 2020, 12:46 PM EST) -- PHILADELPHIA — A federal district court did not err in determining that audita querela is not an available remedy to vacate a final forfeiture and substitute assets orders in a securities fraud criminal action, a Third Circuit U.S. Court of Appeals panel ruled Jan. 28 in a nonprecedential opinion (United States v. George Georgiou, Nos. 18-2498 and 18-2762, 3rd Cir., 2020 U.S. App. LEXIS 2799)....