SEC Loses Bid For More Penalties In Conrad Black Case

By Stewart Bishop ( October 11, 2012, 5:40 PM EDT) -- An Illinois federal judge Tuesday denied a request by the U.S. Securities and Exchange Commission to impose $4.1 million in additional penalties on fallen newspaper magnate Conrad Black for his role in a scheme that precipitated the downfall of his Hollinger Inc. media empire and his subsequent fraud conviction....

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