SEC v. Barton
Case Number:
22-11132
Court:
Nature of Suit:
1850 Securities, commodities, Exchange
Government Agencies
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June 29, 2023
5th Circ. Halts Indicted Developer's Receivership In SEC Case
The Fifth Circuit has found a Texas district court overstepped when it appointed a receiver in the U.S. Securities and Exchange Commission's case against a real estate developer for raising $26 million from foreign investors by inflating property values, saying the SEC should have first sought an injunction to freeze assets.
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June 07, 2023
Dallas Property Owner Fights Developer's SEC Escape Gambit
The owner of a Dallas property joined the U.S. Securities and Exchange Commission Wednesday in asking the Fifth Circuit not to grant a stay of receivership proceedings in a case against a real estate developer accused of raising $26 million from foreign investors by inflating property values, saying he is purposely delaying proceedings.
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May 02, 2023
Indicted Developer Tells 5th Circ. Receiver Left Him Broke
The Fifth Circuit questioned how an indicted Texas developer could have his home and assets seized by a receiver before he faces trial for allegedly raising $26 million from 100 foreign investors by inflating offering prices on real estate.