2nd Circuit Panel Affirms Conviction Of Securities Fraudster

Mealey's (December 18, 2018, 1:39 PM EST) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on Dec. 14 ruled that a federal district court did not err in issuing certain evidentiary rulings or in calculating the loss attributable to a defendant in a criminal action stemming from a securities fraud scheme, affirming the lower court’s conviction of, and 78-month prison sentence for, the defendant for his role in the scheme (United States of America v. Jason Galanis, et al., No. 17-2552-cr, 2nd Cir., 2018 U.S. App. LEXIS 35223)....