Fugitive Ex-Symbol CEO Attacks $92M SEC Win At 2nd Circ.

Law360, New York (February 5, 2013, 7:01 PM EST) -- A former Symbol Technologies Inc. CEO who turned fugitive to evade fraud charges should not automatically lose a $92 million U.S. Securities and Exchange Commission civil case against him, his lawyer said Tuesday, arguing that the penalty is too harsh.

A trial court should not have entered a default judgment in an SEC fraud case against Tomo Razmilovic after he failed to show up in the U.S. to answer SEC deposition questions, attorney Jeffrey B. Coopersmith of Davis Wright Tremaine LLP told a panel of judges...
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