BBX Capital Corp. and Chairman and CEO Alan B. Levan have asked a federal judge to reconsider the Security and Exchange Commission’s civil fraud verdict against them in light of a recent U.S. Supreme Court decision.
The SEC won a jury verdict in December finding the Fort Lauderdale-based company (NYSE: BBX) and Levan liable for securities fraud and accounting fraud.
U.S. District Judge Darrin P. Gayles denied the motions by BBX and Levan to overturn that verdict or grant them a new trial. On…
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