April 19, 2023
The estate of a deceased California real estate investment manager will pay $11.9 million to the U.S. Securities and Exchange Commission, ending a suit in which the manager was accused of misappropriating more than $10.3 million from clients.
June 02, 2021
A California real estate investment manager allegedly misappropriated more than $10.3 million from clients before his death last year, the U.S. Securities and Exchange Commission said Wednesday, hitting the manager's estate with a civil suit in federal court.