U.S. Supreme Court Will Not Hear Appeal Of Sentence In Securities Fraud Case

Mealey's (June 5, 2023, 1:29 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on June 5 denied review of a Sixth Circuit U.S. Court of Appeals ruling that held that a federal district court did not err in sentencing a man to 16 years imprisonment after he pleaded guilty to securities fraud charges stemming from his operation of a more than $2.7 million securities fraud scheme because the man knowingly and voluntarily pleaded guilty....