Lucia Reaches Settlement With SEC In Long-Running Securities Fraud Action

(June 17, 2020, 1:55 PM EDT) -- WASHINGTON, D.C. — The Securities and Exchange Commission issued an order on June 16 agreeing to accept an offer to settle claims in a long-running enforcement action brought against former investment adviser Raymond J. Lucia and his brokerage firm that had reached all the way to the U.S. Supreme Court (In the Matter of Raymond J. Lucia Companies Inc., et al., No. 3-15006, SEC)....

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