Madoff Investor Asks Justices To Review SEC Porn-Surf Suit

Law360, New York (May 30, 2013, 5:56 PM EDT) -- An investor who lost money in Bernard L. Madoff’s infamous Ponzi scheme has asked the U.S. Supreme Court to revive his suit alleging the U.S. Securities and Exchange Commission wasted its resources on pornography and other distractions while failing to catch the fraud.

Richard Gordon told the high court in a May 21 petition for writ of certiorari that the Ninth Circuit erred in finding that his claims  — which allege the SEC's “incompetence” foiled its ability to stop Madoff sooner — fell within the “discretionary...
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