Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Present's Fate May Not Be Decided Until 2018 Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, October 12, 2017

Present's Fate May Not Be Decided Until 2018

Reported by Neil Anderson, Managing Editor

The jury has spoken, but Howard Present's fate may not be decided until next year.

In a filing submitted today jointly by attorneys from both the SEC and from Hogan Lovells (the firm representing Present), the SEC will have until November 17 to submit their "briefing on remedies" (i.e. the request for damages, restitution, fines, etc.). Present's lawyers will have until December 21 to reply, and the SEC will then have until January 12, 2018 to reply to Present's reply. The lawyers also write that they expect U.S. District Judge Leo Sorokin to hold a hearing on the remedies, after the briefings are submitted.

On Friday a jury found Present liable on all counts in the SEC's securities fraud case over performance reporting issues at F-Squared, the formerly high-flying, now fallen ETF strategist co-founded by Present. A spokeswoman for the law firm defending Present told MFWire that it's "premature to determine if he will pursue an appeal." 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use