Parallel DOJ, SEC Probes Were Legal, Feds Say

Law360, New York (October 1, 2010, 5:27 PM EDT) -- The federal government has said it did not violate the rights of defendants in a pump-and-dump criminal case when the U.S. Securities and Exchange Commission and the U.S. Department of Justice conducted a parallel investigation and allegedly shared information.

The two agencies asked the U.S. District Court for the Northern District of Georgia on Thursday to reject a bid by the defendants, all officers of Conversion Solutions Holding Corp., to either suppress evidence or throw out the criminal indictment because of the allegedly improper information sharing....
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Case Information

Case Title

USA v. Giove et al

Case Number



New York Northern

Nature of Suit


Gary L. Sharpe

Date Filed

July 30, 2009

Government Agencies

UK Financial Services

UK Financial Services

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