White Collar Watch: Can Sophisticated Investors Be Defrauded? Two Cases Raise Hurdles

Photo of White Collar Watch: Can Sophisticated Investors Be Defrauded? Two Cases Raise Hurdles
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Two recent cases show that misstatements are not necessarily enough to prove securities fraud when sophisticated investors are involved.

view The New York Times: Business
#securities and commodities violations
#mortgage-backed securities
#justice department
#united states
#litvak jesse c