Ex-Credit Suisse Broker's Bail Revoked

Law360, New York (April 29, 2010, 1:38 PM EDT) -- A federal magistrate judge has ordered the revocation of former Credit Suisse Group AG broker Eric Butler's bail while he appeals his conviction for conspiracy and securities fraud related to the sale of auction rate securities.

Magistrate Judge Ramon E. Reyes Jr. of the U.S. District Court for the Eastern District of New York on Tuesday granted the government's motion to remand Butler pending appeal, finding that his appeal did not raise a substantial question of law or fact likely to result in a new trial...
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