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2nd Circ. Sinks Website Exec's $2B Suit Against SEC

By Pete Brush (December 23, 2010, 3:41 PM EST) -- A federal appeals court has affirmed a ruling of summary judgment that ended an e-commerce entrepreneur's $2 billion lawsuit that claimed the U.S. Securities and Exchange Commission suppressed evidence, interfered with an initial public offering and intimidated witnesses as the agency investigated him....

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