United States Second Circuit
SEC v. Gabelli, 10-3581
In a securities fraud action alleging that defendants failed to disclose preferential treatment of an investor over others concerning certain short-term trading practices, judgment of the district court dismissing action is reversed where: 1) defendants' statements were materially misleading; and 2) the court erred in dismissing the SEC's prayer for civil penalties as time-barred and a prayer for injunctive relief.
Appellate Information
- Decided 08/01/2011
- Published 08/01/2011
Judges
- RAKOFF
Court
- United States Second Circuit
Counsel
- For Appellant:
- DOMINICK V. FREDA, LEWIS J. LIMAN