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Sam Wyly, SEC Strike $198M Deal Over Fraud Claims

By Suevon Lee · September 30, 2016, 10:07 PM EDT

Former Texas tycoon Sam Wyly has agreed to pay $198 million to settle securities fraud claims by the U.S. Securities and Exchange Commission over an alleged offshore trading scheme he ran...

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Documents

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Case Information

Case Title

Securities and Exchange Commission v. Wyly et al

Case Number

1:10-cv-05760

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

July 29, 2010

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