Legal Opinion
Securities & Exchange Commission v. DeYoung
Court of Appeals for the Tenth Circuit
Decided March 9, 2017No. 16-4013PublishedCited by 11 opinions
1Opinion of the Court
SEYMOUR, Circuit Judge.
The Securities and Exchange Commission (“SEC”) brought this civil action against American Pension Services (“APS”), a third-party administrator of self-directed individual retirement and 401(k) accounts (collectively “IRA Accounts”), and its President and CEO, Curtis DeYoung. The SEC alleged that DeY-oung misappropriated $24 million in APS customer funds that APS had commingled in a Master Trust Account at First Utah Bank (“First Utah”), custodian of the funds. The district court appointed a Receiver, who ultimately entered into a Settlement Agreement with First Utah.…
2Cases cited15 opinions
- Friends of the Earth, Inc. v. Laidlaw Environmental Services (TOC), Inc.Supreme Court of the United States · 2000
- Dombrowski v. PfisterSupreme Court of the United States · 1965
- Atlantic Coast Line Railroad v. Brotherhood of Locomotive EngineersSupreme Court of the United States · 1970
- Lippoldt v. ColeCourt of Appeals for the Tenth Circuit · 2006
- Stump v. GatesCourt of Appeals for the Tenth Circuit · 2000
10 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- SEC. & Exch. Comm'n v. Stanford Int'l Bank, Ltd.Court of Appeals for the Fifth Circuit · 2019
- Digital Media Solutions, LLC v. S. Univ. of Ohio, LLCCourt of Appeals for the Sixth Circuit · 2023
- Zacarias v. Official Stanford Int'l Bank, Ltd.Court of Appeals for the Fifth Circuit · 2019
- SEC v. American Pension ServicesCourt of Appeals for the Tenth Circuit · 2020
- SEC v. Stanford International BankCourt of Appeals for the Fifth Circuit · 2019
6 more not listed; retrieve them via the Exa API.