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Wyly's $198M SEC Settlement Wins OK From Ch. 11 Judge

By Jess Krochtengel (November 8, 2016, 8:23 PM EST) -- A Texas bankruptcy judge on Monday approved the terms of a $198 million settlement between the U.S. Securities and Exchange Commission and business tycoon Sam Wyly that bars the SEC from moving forward with attempts to repatriate assets held in offshore trusts....

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