Government To High Court: Securities Fraud Convictions Ruling Doesn’t Merit Review

Mealey's (August 1, 2022, 1:10 PM EDT) -- WASHINGTON, D.C. — In a recent amicus curiae brief citing “common law tradition,” an assistant professor of law urged the U.S. Supreme Court to grant review sought by two former hedge fund executives convicted of securities fraud in an alleged scheme that involved a reinsurer and related entities; on July 27, the government argued that the petition “arises in an interlocutory posture” and that the challenged ruling “does not conflict with any decision of this Court or another court of appeals.”...