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Nutmeg Group Exec On Hook For $1.3M Over Mismanagement

By Celeste Bott (October 28, 2019, 8:25 PM EDT) -- An Illinois federal judge has ordered the owner of defunct investment adviser The Nutmeg Group LLC to pay nearly $1.3 million in disgorged ill-gotten gains and civil penalties plus prejudgment interest, after the U.S. Securities and Exchange Commission accused the adviser of mismanaging and misreporting investor funds....

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