United States Second Circuit
Commodity Futures Trading Commission v. 3M Employee Welfare Benefit Association Trust, 11-1516
Read Commodity Futures Trading Commission v. 3M Employee Welfare Benefit Association Trust, 11-1516
READ
READ
District court's order approving court-appointed receiver's plan for pro rata, net-investment-based distribution of funds recovered from securities-fraud perpetrators and associated entities, and ordering distribution of the funds was not an abuse of discretion and therefore is affirmed, where the district court neither made an error of law nor made erroneous factual findings in determining that, in the material respects, the investors in defendants WGTC and WGTI were similarly situated.
Appellate Information
- Decided 04/03/2013
- Published 04/03/2013
Judges
- KEARSE
Court
- United States Second Circuit