Judge Denies Partial Summary Judgment In SEC Enforcement Action

Judge Denies Partial Summary Judgment In SEC Enforcement Action

SAN FRANCISCO - A federal judge in California on Dec. 3 denied the Securities and Exchange Commission's motion for partial summary judgment in a securities enforcement action against the sponsors of pooled investment funds, ruling that a triable issue of material fact exists as to the each of the SEC's claims that are part of the motion (Securities and Exchange Commission v. Frank Mazzola, et al., No. 12-1258, N.D. Calif.; 2013 U.S. Dist. LEXIS 170427).

Find full version on lexis Advance®
Access this news story on lexis.com®