SEC Denied Early Win In Fraud Suit Against CBD Firm's CEO

By Sydney Price ( October 13, 2023, 6:28 PM EDT) -- A North Carolina federal judge denied the U.S. Securities and Exchange Commission's bid for summary judgment in its suit alleging a cannabinoid company's CEO defrauded the investors of a private investment fund he managed, saying the court must first determine if the CEO is legally considered an investment adviser....

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