Ex-Gateway Execs Seek New Trial In SEC Fraud Suit

Law360, New York (November 3, 2011, 2:46 PM EDT) -- Two former Gateway Inc. executives found liable for sketchy accounting asked a California federal judge on Wednesday for a new trial, and the computer company's ex-CEO pushed for summary judgment, on claims brought by the U.S. Securities and Exchange Commission.

In June, the Ninth Circuit held that a district court erred in granting former Chief Financial Officer John Todd and former Controller Robert Manza judgment as a matter of law after a jury found them guilty of fraud. It also overturned the lower court's decision to...
To view the full article, register now.