By Katryna Perera ( October 12, 2021, 9:48 PM EDT) -- The Fifth Circuit on Tuesday affirmed a lower court's decision to issue a $2.4 million win to the U.S. Securities and Exchange in a case concerning an alleged penny stock fraud, marking a first-of-its-kind ruling on one of the elements of the U.S. Supreme Court's decision in Liu v. SEC....
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