Ex-Lancer Exec Loses Bid To Nix $200M Fraud Case

Law360, New York (January 26, 2011, 7:48 PM EST) -- A federal judge Wednesday denied a bid by former Lancer Group fund manager Michael Lauer to throw out an indictment linking him to a $200 million investment scam.

Judge Adalberto Jordan of the U.S. District Court for the Southern District of Florida ruled that the seven-count indictment filed against Lauer in 2008 was not barred by a five-year statute of limitations, despite the defendant's contention that the conspiracy ostensibly ended when his co-defendants became confidential informants for the U.S. Securities and Exchange Commission in 2003....
To view the full article, register now.




Case Information

Case Title

USA v. Lauer et al

Case Number



Florida Southern

Nature of Suit

Date Filed

January 29, 2008

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.