9th Circuit Denies Rehearing For Man Who Sold Fake Cannabis Securities

(October 17, 2023, 2:06 PM EDT) -- SAN FRANCISCO — The Ninth Circuit U.S. Court of Appeals rejected a petition for rehearing or rehearing en banc filed by a man who was found to have defrauded investors through the sale of unregistered and fictitious securities in a cannabis company after the panel upheld a lower court’s award of $654,042.83 against the man....