Investment Adviser’s Conviction Supported By Evidence, Panel Rules

Mealey's (January 10, 2020, 9:04 AM EST) -- PHILADELPHIA — Government prosecutors provided sufficient evidence to support a jury’s finding that a defendant was an investment adviser when it convicted him of three counts for his role in an investment fraud scheme, a Third Circuit U.S. Court of Appeals panel ruled Dec. 12 (United States of America v. Louis F. Petrossi, No. 18-3454, 3rd Cir, 2019 U.S. App. LEXIS 36975)....