Judge: No Manifest Errors Of Law Exist In Securities Suit Ruling

Mealey's (July 15, 2016, 1:22 PM EDT) -- DALLAS — Ruling that defendants in a Securities and Exchange Commission civil enforcement action have failed to show that a federal district court committed manifest errors of law or fact, a federal judge in Texas on July 13 denied the defendants’ motion for reconsideration of his ruling granting summary judgment in favor of the SEC (Securities and Exchange Commission v. Arcturus Corp., et al., No. 13-4861, N.D. Texas; 2016 U.S. Dist. LEXIS 88410).

(Opinion available. Document #57-160718-070Z.)

The SEC filed an amended complaint in the U.S....
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