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Tycoon's Estate Says High Court Ruling Ends SEC Judgment

By Abraham Moussako (June 6, 2017, 6:02 PM EDT) -- Counsel for the estate of the late Texas business tycoon Charles Wyly Jr. argued in a Monday letter to the Second Circuit that a U.S. Supreme Court decision limiting disgorgement collected by the U.S. Securities and Exchange Commission also affects their case, and may necessitate the vacating of the remaining judgment....

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