Securities
Jan. 30, 2015
Judge tosses charges against investment bank
A LA Superior Court judge on Tuesday dropped charges against Shattuck Hammond Partners LLC in a case brought by dozens of investors duped in a Ponzi scheme masterminded by a convicted felon who illegally sold $200 million in securities.
Daily Journal Staff Writer
LOS ANGELES - A Superior Court judge on Tuesday threw out charges against an investment bank named in a case brought by dozens of investors duped in a Ponzi scheme masterminded by a convicted felon who illegally sold $200 million in securities for his senior housing facilities across the country.
Judge Elihu M. Berle granted the defendant Shattuck Hammond Partners LLC's motion for summary judg...
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