Legal Opinion
Securities & Exchange Commission v. Byers
District Court, S.D. New York
Decided December 17, 2008No. 08 Civ. 7104(DC)PublishedCited by 16 opinions
1Opinion of the Court
MEMORANDUM DECISION
CHIN, District Judge.
Before the Court are motions to modify a series of orders appointing a receiver in this complex securities fraud case. For the reasons set forth below, the motions are denied in part and granted in part.
BACKGROUND
On August 11, 2008, the Securities and Exchange Commission (“SEC”) filed a complaint in this action against Steven Byers and Joseph Shereshevsky and five Wextrust entities (the “Wextrust Entities”) for their role in a Ponzi scheme that purportedly defrauded more than one thousand investors of approximately $255 million. (SEC Opp. 2). 1 The SEC…
2Cases cited8 opinions
- Securities and Exchange Commission v. Manor Nursing Centers, Inc.Court of Appeals for the Second Circuit · 1972
- Eberhard v. MarcuCourt of Appeals for the Second Circuit · 2008
- Lankenau v. Coggeshall & HicksCourt of Appeals for the Second Circuit · 1965
- Fed. Sec. L. Rep. P 91,679 Securities and Exchange Commission v. Walter Wencke, Palmer York, Jr. And George Croke, and Real Parties in InterestCourt of Appeals for the Ninth Circuit · 1984
- Liberte Capital Group, LLC v. CapwillCourt of Appeals for the Sixth Circuit · 2006
3 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Securities & Exchange Commission v. Vescor Capital Corp.Court of Appeals for the Tenth Circuit · 2010
- Securities & Exchange Commission v. ByersDistrict Court, S.D. New York · 2008
- Securities & Exchange Commission v. ByersDistrict Court, S.D. New York · 2009
- Securities & Exchange Commission v. ByersCourt of Appeals for the Second Circuit · 2010
- Carney v. BerachaDistrict Court, D. Connecticut · 2014
11 more not listed; retrieve them via the Exa API.