Ex-Sentinel Exec Says SEC Is Lumping Him Into Fraud Suit

Law360, New York (December 5, 2011, 9:34 PM EST) -- Former Sentinel Management Group Inc. executive Eric A. Bloom asked an Illinois federal judge on Friday to throw out the U.S. Securities and Exchange Commission’s allegations that he defrauded investors and helped push the company into bankruptcy, saying that an associate was the real culprit.

Bloom filed a response to the SEC’s motion seeking summary judgment, alleging that the agency was unfairly lumping him together with co-defendant, former Sentinel vice president and head trader Charles K. Mosley. According to the response, Bloom claimed the SEC “has...
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