Judge Again Extends Stay Of SEC’s Case Over Schemes To Defraud Insurers, Trusts

Mealey's (May 27, 2021, 10:44 AM EDT) -- NEW YORK — A federal judge in New York on April 26 again granted an application by the U.S. Department of Justice seeking extension of a stay of the Securities and Exchange Commission’s lawsuit alleging that two individuals “perpetrated multiple schemes to defraud their advisory clients, which were insurance companies and reinsurance trusts.”...