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SEC Suit Against Atty-Investor In Legal Receivables Trimmed

By Jeannie O'Sullivan ( August 17, 2017, 7:59 PM EDT) -- An administrative law judge on Wednesday trimmed a U.S. Securities and Exchange Commission complaint accusing a New Jersey attorney and his hedge fund of using investors' funds for risky investments in legal receivables, ruling that claims that they inflated the value of the investments "amount to nothing."...

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