Venture Capitalist Tells High Court SEC Missed Deadline To Cross-Appeal

(January 12, 2024, 1:01 PM EST) -- WASHINGTON, D.C. — A federal district court improperly raised the disgorgement obligation a fugitive joint venture capitalist owed related to misappropriated funds after amendments to the Securities Exchange Act of 1934 because the Securities and Exchange Commission never filed a cross-appeal, the venture capitalist tells the U.S. Supreme Court in a petition for a writ of certiorari....