Mealey's (January 2, 2019, 10:46 AM EST) -- SAN FRANCISCO — In an issue of first impression, a Ninth Circuit U.S. Court of Appeals panel on Dec. 24 ruled that a federal district court did not err in ruling that a court-appointed receiver in a Securities and Exchange Commission action against the operators of a Ponzi scheme could void and disgorge referral fees paid to a third party under the California Uniform Voidable Transactions Act (CUVTA) (William J. Hoffman v. Howard Markowitz, No. 17-56290, 9th Cir., 2018 U.S. App. LEXIS 36243)....