Mealey's (September 27, 2018, 2:10 PM EDT) -- PASADENA, Calif. — A Ninth Circuit U.S. Court of Appeals panel on Sept. 26 ruled that a federal district court properly found that general partnership interests sold by a financial planner and his company were investment contracts and, thus, qualify as securities under federal law and that the financial planner violated federal securities laws by selling unregistered securities and defrauding investors (U.S. Securities & Exchange Commission v. E. Andrew Schooler, et al., No. 16-55167, 9th Cir., 2018 U.S. App. LEXIS 27449)....