09.03.2020

|

General News

Keith Miller was quoted in the Law360* article, "PE Firm Says Liu Decision May Reduce $20.8M SEC Sanction," regarding his client's request for a New York district court to delay its ruling on an SEC request to seize part of the assets.

"We think there are a number of legal bases the court must reconsider with respect to the prior judgement to determine if they are in line with Liu," Keith, who represents CASO Management and the parent company, The Camelot Group International LLC, told Law360.

Keith said that the Liu decision warrants a closer look at the disgorgement amounts, specifically, adding that if the court reduces the disgorgement awards, the civil penalties could be adjusted downward as well "because the civil penalties are based on the disgorgement amounts." 

*Subscription-based publication