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Racetrack Exec's Lies Aren't Securities Fraud, Jury Told

By Carolina Bolado (February 14, 2017, 5:05 PM EST) -- A former horse racetrack chairman accused of fraudulently obtaining millions of dollars in loans from a brokerage firm did fudge the truth in his statements to the firm, but his actions did not rise to the level of securities fraud, his attorney told jurors Tuesday in Miami....

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