SEC Calls $187M Wyly Fraud Judgment 'Conservative'

By Max Stendahl · October 10, 2014, 4:38 PM EDT

A New York federal court's recent $187 million tax fraud ruling against Texas tycoon Sam Wyly and the estate of his late brother is "conservative" and should not be reviewed, a...

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Case Information

Case Title

Securities and Exchange Commission v. Wyly et al

Case Number

1:10-cv-05760

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

July 29, 2010