Quantcast
Home / Opinion Digests / Securities / Securities – Disgorgement Amount – Diverted Funds – Management Fees (access required)

Securities – Disgorgement Amount – Diverted Funds – Management Fees (access required)

Securities & Exchange Commission v. Bernath (Lawyers Weekly No. 004-006-17, 8 pp.) (Graham Mullen, J.) 3:15-cv-00485; W.D.N.C. Holding: Where defendant took client money from his investors’ advisory funds and made self-interested, undisclosed investments for the purpose of benefitting his other personal investments, the fact that these investments ended up being unprofitable does not negate the benefit ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*