Amerindo Founders Seek High Court Review Of $83M SEC Win
By Stewart Bishop ( April 29, 2016, 8:53 PM EDT) -- The co-founders of Amerindo Investment Advisors Inc. have asked the U.S. Supreme Court to review a Second Circuit ruling in a 10-year-old securities fraud case which upheld the imposition of a combined $83.1 million in financial penalties, saying the appeals court erred in its definition of what constitutes a domestic transaction....
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