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Securities

Apr. 8, 2011

Executive Tries New Securities Defense

A Princeton-educated scientist who rose to become a corporate titan only to be sent to prison for securities fraud, is trying to score a parting victory against the shareholders he duped.


By Gabe Friedman


Daily Journal Staff Writer


LOS ANGELES - A Princeton-educated scientist who rose to become a corporate titan only to be sent to prison for securities fraud, is trying to score a parting victory against the shareholders he duped.


Stuart Wolff, the former chief executive of Homestore Inc. - an online real estate listing service now called Move Inc. - contends any damages associated with a February jury verdict holding him liable...

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