SEC Says Convicted Atty In NFLer Scam Can't Revisit Ruling
Law360, New York (March 23, 2015, 6:40 PM EDT) -- An attorney convicted of securities fraud in a pump-and-dump penny stock scheme allegedly involving former NFL player Willie Gault shouldn’t be allowed reconsideration of a parallel civil suit, the U.S. Securities and Exchange Commission told a California federal judge Monday.
The SEC asked U.S. District Judge James V. Selna to deny attorney Mitchell J. Stein’s bid for reconsideration of a partial judgment finding him liable for securities fraud, saying he was simply seeking to reargue the facts of his case.
“The Ninth Circuit Court of Appeals is where Stein must turn,” the SEC said.
Last December, attorney Mitchell J. Stein was...
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