SENDING FALSE INVESTMENT EMAIL: Supreme Court’s Lorenzo Decision Expands Securities Fraud Liability

Posted on 04/13/2019


In a ruling widely regarded as crucial for investor protection, the U.S. Supreme Court backed the SEC and a lower court in a longstanding legal tussle against the former Investment Banking Director at Charles Vista. The SEC banned Francis Lorenzo from working in the investment industry after Lorenzo suggested that a US$ 400,000 company was […]