We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Jailed Professor Barred From Commodities Trading

Law360 (February 10, 2009, 12:00 AM EST) -- A former professor at Charleston Southern University, who is already serving a 24-year prison sentence for defrauding investors out of nearly $70 million, was permanently barred last week from engaging in any commodity-related activity and from further violating certain provisions of the Commodity Exchange Act.

According to an order lodged Feb. 2 by Judge David Norton of the U.S. District Court for the District of South Carolina, Albert E. Parish told investors that he would put their money into commodity futures, when in fact he misappropriated...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.