Securities and Exchange Commission v. Litvak

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Case Number:

3:13-cv-00132

Court:

Connecticut

Nature of Suit:

Securities/Commodities

Judge:

Janet C. Hall

Firms

Government Agencies

  1. December 06, 2018

    SEC Gives Up On Litvak Suit After Feds Drop Charges

    A Connecticut federal judge on Thursday agreed to dismiss the U.S. Securities and Exchange Commission's civil suit against former Jefferies Group LLC bond trader Jesse Litvak in the wake of the end of his five-year criminal case in which he was convicted twice but saw those convictions overturned.

  2. January 28, 2014

    Jefferies Strikes $25M Deal To End RMBS Probes

    Jefferies Group LLC has agreed to pay $25 million to resolve civil and criminal investigations into its mortgage-backed securities business stemming from the fraud indictment of a former trader, the company said Tuesday.

  3. October 03, 2013

    Jefferies Must Pay Former Exec's Legal Fees

    The Financial Industry Regulatory Authority on Wednesday ordered investment banking outfit Jefferies & Co. Inc. to pay the attorneys' fees incurred by a former managing director accused of defrauding customers on residential mortgage-backed securities trades.

  4. January 28, 2013

    Ex-Jefferies Trader Arrested For TARP Fraud

    A federal grand jury in Connecticut on Friday indicted former Jefferies & Co. Inc. managing director Jesse C. Litvak for allegedly committing securities fraud and Troubled Asset Relief Program fraud in a scheme that defrauded customers on residential mortgage-backed securities trades.