Hitt Family To Pay $13.7M In SEC Ponzi Scheme Suit

By Hailey Konnath · May 8, 2019, 10:22 PM EDT

The family of an asset management firm's CEO will shell out $13.7 million in a suit brought by the U.S. Securities and Exchange Commission over allegations he ran a real estate...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Case Information

Case Title

Securities And Exchange Commission v. Hitt et al

Case Number

Court

Virginia Eastern

Nature of Suit

Securities/Commodities

Date Filed

October 05, 2018

Recent Articles By Hailey

June 25, 2024
Warhol, Monet Artwork Forfeited To US In 1MDB Clawback
June 05, 2024
CohnReznick Scores Quick Exit In Tax Scheme Suit
May 21, 2024
Toll Bros. Lobs Legal Malpractice Claims At Gordon Rees
April 01, 2024
Trump Posts $175M Bond, Pausing $465M Fraud Judgment
March 29, 2024
Silicon Valley Co. Planning New City Can Sue Landowners
March 15, 2024
5th Circ. Blocks SEC Climate Reporting Regulations, For Now
January 25, 2024
US Chamber, Banking Groups Back BofA At Supreme Court
January 24, 2024
Trump Bristles At Shkreli Comparison In NY Civil Fraud Case
December 04, 2023
DeSantis Tourism Board Accuses Disney Of Bribery, Cronyism
November 28, 2023
Munger Tolles Mourns Death Of Co-Founder Charlie Munger