Investment Fraud Suit Defendant’s Appeal Untimely, 9th Circuit Panel Rules

(February 14, 2020, 1:32 PM EST) -- SAN FRANCISCO — A Ninth Circuit U.S. Court of Appeals panel on Feb. 7 ruled that a defendant in an alleged investment fraud scheme lawsuit filed by the Securities and Exchange Commission failed to timely file a notice of appeal after a federal district court granted the SEC’s summary judgment motion and ordered the defendant and his co-defendant to pay disgorgement and a civil penalty for their roles in the scheme (U.S. Securities and Exchange Commission v. Anthony B. Brandel, No. 18-16685, 9th Cir., 2020 U.S. App. LEXIS 4118)....