CFTC Can't Block Evidence Of Receiver Misdeeds

Law360, New York (November 29, 2010, 6:15 PM EST) -- Two men accused by the U.S. Commodity Futures Trading Commission of operating a fraudulent $17 million commodity pool can tell jurors that the ex-receiver on the case misappropriated funds from their frozen assets, a federal judge has ruled.

In a Wednesday order, Judge John Antoon II of the U.S. District Court for the Middle District of Florida largely denied the agency's motion to strike evidence related to former receiver Lewis B. Freeman, who was convicted of stealing $2.6 million from fiduciary accounts in other financial fraud...
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Case Information

Case Title

U.S. Commodity Futures Trading Commission v. Capital Blu Management, LLC et al


Case Number

6:09-cv-00508

Court

Florida Middle

Nature of Suit

Securities/Commodities

Judge

John Antoon II

Date Filed

March 23, 2009

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