Judge Delays Ex-Gryphon Head's Sentence For 2nd Time

Law360, New York (September 14, 2011, 3:44 PM EDT) -- A New York federal judge on Wednesday put off sentencing Gryphon Holdings Inc.'s former president for running a bogus stock tip business in Staten Island after his lawyers balked at the judge's planned 10-year prison term.

U.S. Judge District Jack B. Weinstein had previously said he was mulling a five-year sentence for Kenneth Marsh, but reconsidered after gaining a more complete understanding of Marsh's role as a ringleader who brought co-conspirators "into the scheme [and] egged them on.”

Federal prosecutors indicted Marsh in June 2010 on...
To view the full article, register now.




Case Information

Case Title

Other court case number: 

Case Number



New York Eastern

Nature of Suit

Date Filed

June 21, 2010

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.