9th Circ. Tosses $946M Restitution Order For Ex-UCB Exec
By Jon Hill ( July 6, 2017, 6:18 PM EDT) -- A California federal court will have to rethink part of its judgment against former United Commercial Bank Chief Operating Officer Ebrahim Shabudin in his securities fraud case after a Ninth Circuit panel concluded unanimously Wednesday that the evidence tying him to his bank's failure wasn't strong enough to support his $946 million restitution order....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.