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SEC's Bid To Freeze Sunwest's Assets Denied

By Morgan Bettex ( March 3, 2009, 12:00 AM EST) -- A federal judge has refused to freeze the assets of Sunwest Management Inc., one day after the U.S. Securities and Exchange Commission sued the financially distressed retirement home operator, its former CEO and affiliated entities for allegedly perpetrating a massive real estate fraud that robbed investors of hundreds of millions of dollars....

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