Ex-Racetrack Exec Tells 11th Circ. $5M Judgment Is 'Punitive'

By Carolina Bolado ( October 5, 2018, 8:49 PM EDT) -- A former Texas racetrack executive asked the Eleventh Circuit on Friday to reverse a $4.7 million disgorgement order against him, arguing the demand was too punitive considering he had provided far more in collateral than he received in fraudulently obtained loans....

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