Radical Bunny Managers Want SEC Fraud Case Nixed

Law360, New York (January 12, 2011, 2:36 PM EST) -- Four managing members of bankrupt Radical Bunny LLC accused of fraudulently funneling more than $189 million to now-bankrupt Mortgages Ltd. have asked a judge to throw out the U.S. government's case, saying the notes they issued were not securities.

Defendants Tom Hirsch, Berta Walder, Howard Walder and Harish P. Shah filed their motion for summary judgment, which was coupled with a response to the U.S. Securities Exchange's own motion for summary judgment, on Monday in the U.S. District Court for the District of Arizona.

“There is...
To view the full article, register now.




Case Information

Case Title

Securities and Exchange Commission v. Radical Bunny, LLC et al

Case Number




Nature of Suit

Other Statutes: Securities/Commodities


Susan R Bolton

Date Filed

July 28, 2009

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.