Hedge Fund Manager Seeks Fees, Costs From SEC After High Court Denies Certiorari

Mealey's (January 12, 2024, 2:37 PM EST) -- BOSTON — After the U.S. Supreme Court denied his petition for a writ of certiorari seeking the reversal of a federal appeals court’s decision upholding a jury’s liability finding in an Securities and Exchange Commission enforcement action, a hedge fund manager is seeking attorney’s fees and costs in a Massachusetts federal court, saying he and his fund are entitled to fees and costs because “they were the ‘prevailing parties’” under the Equal Access to Justice Act (EAJA)....