Mealey's (May 15, 2019, 1:55 PM EDT) -- SAN FRANCISCO — A Ninth Circuit U.S. Court of Appeals panel on May 14 ruled in an unpublished memorandum that a federal district court did not err in granting the Securities and Exchange Commission’s motion for summary judgment in a securities fraud lawsuit against a broker-dealer because the SEC had sufficiently shown that the defendant made a series of material misrepresentations in offering documents for investment funds he managed (U.S. Securities & Exchange Commission v. Mark Feathers, No. 13-17304, U.S. Securities & Exchange Commission v. Mark Feathers, Nos. 14-15466, 14-15894, 15-16018, 15-17200 and 17-15593, U.S. Securities & Exchange Commission v. Natalie Feathers, No. 14-15831, and Mark Feathers v. U.S. Securities & Exchange Commission, No. 15-70102, 9th Cir., 2019 U.S. App. LEXIS 14272)....