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Citing Liu, SEC Seeks $1.2M From Woodbridge Brokers

By Emilie Ruscoe ( January 15, 2021, 9:42 PM EST) -- The U.S. Securities and Exchange Commission on Friday asked a federal judge in Los Angeles to approve a $1.2 million judgment against broker defendants in litigation concerning the Woodbridge Group of Companies Ponzi scheme, citing the Supreme Court's June decision that the regulator can seek disgorgement in federal court....

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