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SEC Comes Up Short In Fraud Case Against RD Legal Capital

By Jon Hill ( October 16, 2018, 10:59 PM EDT) -- A U.S. Securities and Exchange Commission administrative law judge on Monday shot down much of the agency's case alleging that fund manager RD Legal Capital LLC and its owner misled investors about their hedge funds' legal receivables investments, ruling that while some misrepresentations had been made, they hadn't been made with fraudulent intent....

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