Jury Sides with SEC in Wyly Brothers' Trial - McDermott Will & Emery

Jury Sides with SEC in Wyly Brothers’ Trial

Overview


Eugene Goldman identified as a key factor in the civil fraud conviction of two wealthy brothers for engaging in securities fraud and violating the reporting requirements for corporate insiders the fact that “this was the rare situation of the defendants’ former attorney acting as a key witness against his former clients” in the case, tried before a federal court jury in Manhattan.