Man Can't Duck SEC Suit Over Fake Kodak, AMR Offers

Law360, New York (July 21, 2011, 7:51 PM EDT) -- A Florida businessman lost his bid Wednesday to ditch the U.S. Securities and Exchange Commission's suit alleging he made sham multibillion-dollar offers to buy Eastman Kodak Co. and American Airlines Inc. parent company AMR Corp.

U.S. District Judge Paul C. Huck shot down Allen E. Weintraub's pro se motion to dismiss the suit accusing him of sending tender offer letters through AWMS Acquisitions Inc., the inactive company of which he was the sole owner and employee, that neglected to reveal his past fraud convictions and put...
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