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Ex-Fund Manager Must Pay SEC Disgorgement: Judge

By Jon Hill (November 20, 2017, 9:17 PM EST) -- A Texas federal judge on Monday said the criminal restitution ordered for a former hedge fund manager who copped to ripping off investors in his Lobo Volatility Fund LLC doesn't preclude him from having to pay the disgorgement he previously agreed to in settling the U.S. Securities and Exchange Commission's related civil case....

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