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SEC Can't Seek Gains In Ponzi Suit, 11th Circ. Says

By Daniel Siegal ( May 26, 2016, 9:37 PM EDT) -- The Eleventh Circuit on Thursday partially revived a suit from the U.S. Securities and Exchange Commission alleging former real estate executives ran a $300 million Ponzi scheme, ruling the agency can seek an injunction from the alleged schemers but can't try for their allegedly ill-gotten gains....

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