Securities Fraudster Seeks Rehearing In Appeal Over Contempt Order Issuance

Mealey's (March 17, 2023, 10:42 AM EDT) -- NEW YORK — A man has asked an en banc Second Circuit U.S. Court of Appeals to rehear a panel’s ruling that he was provided with “notice and opportunity to be heard” before a federal district court imposed a contempt order against him in connection with his conviction for his role in a securities fraud scheme because the panel failed to address several of his “meritorious arguments” on appeal....