Ex-Paron Exec Can't Get Judge DQ'd In CFTC Fraud Suit

Law360, New York (November 6, 2012, 1:43 PM EST) -- A federal magistrate judge refused to disqualify himself Monday from the U.S. Commodity Futures Trading Commission's accounting fraud suit against Paron Capital Management LLC's former principal, saying allegations he was professionally intertwined with a Paron attorney were "exaggerated and mostly incorrect." 

U.S. Magistrate Judge Nathanael M. Cousins rejected arguments by former Paron Capital principal James Crombie, whom the CFTC has accused of lying in a regulatory audit to cover up the firm's use of fraudulent promotion materials to solicit clients, that the judge had a “long...
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