US Says High Court Ruling Can't Kill $200M Lancer Case

Law360, New York (January 4, 2011, 4:28 PM EST) -- Federal prosecutors have fired back at Lancer Group insider Martin Garvey's attempt to ditch allegations related to a $200 million investment scam, saying that a U.S. Supreme Court decision in a separate securities case has nothing to do with this case.

Prosecutors lodged their response to Garvey's motion to dismiss in the U.S. District Court for the Southern District of Florida on Monday, arguing that the high court's June ruling in Morrison v. National Australia Bank Ltd., which limited some securities laws to U.S. transactions, had...
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