Feds Defend Use Of E-Mails In $200M Lancer Case

Law360, New York (January 5, 2011, 3:01 PM EST) -- Federal prosecutors have ripped Lancer Group fund manager Michael Lauer's objections to e-mails and other correspondence they plan to use to link him to a $200 million investment scam, saying the evidence establishes the wider breadth of the alleged conspiracy.

In a motion filed Tuesday in the U.S. District Court for the Southern District of Florida, prosecutors argued the evidence showed how and why Lauer and his co-defendants conspired to manipulate stock prices, dismissing the defense's contention that the evidence is hearsay and would confuse the...
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