Accused Fraudster Claims Ex-Employer's Exec Lied In Depo

Law360, New York (June 16, 2017, 5:03 PM EDT) -- A former Oak Investment Partners executive who has been living in India while he fights off a U.S. Securities and Exchange Commission fraud suit asked a Connecticut federal court Friday to sanction a top Oak executive for allegedly telling repeated lies about him during a marathon deposition.

Iftikar Ahmed, whom the SEC has accused of cheating Oak and others out of tens of millions of dollars, told the court that the firm’s Chief Operating Officer Grace Ames falsely claimed he acted as an investment adviser during...
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