( April 7, 2025, 9:54 AM EDT) -- BOSTON— A panel of the First Circuit U.S. Court of Appeals vacated summary judgment on liability and awards totaling about $93 million in a civil enforcement action the Securities and Exchange Commission brought against a broker-dealer for failing to adequately disclose potential conflicts of interest for about four years, finding that a federal district court erred in finding the issue of materiality did not need to go to a jury....