Trustee Defends $15B Suit Over SEC's 'Unlawful Power Grab'
By Dean Seal ( June 11, 2018, 1:51 PM EDT) -- A liquidation trustee suing the U.S. Securities and Exchange Commission for almost $15 billion in allegedly ill-gotten disgorgements told a Massachusetts federal judge on Friday that the agency's arguments against the suit cannot insulate its "unlawful power grab" from being challenged....
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