SEC Files Status Report With Court In Fraud Suit Involving Insolvent Insurers

Mealey's (July 15, 2022, 11:47 AM EDT) -- NEW YORK — The Securities and Exchange Commission on July 13 filed a status report in a New York federal court regarding the remaining defendant in a lawsuit alleging that two individuals “perpetrated multiple schemes to defraud their advisory clients, which were insurance companies and reinsurance trusts.”...