9th Circuit: Evidence Properly Excluded During Trial On Investment Fraud Claims

( January 8, 2026, 8:25 AM EST) -- PASADENA, Calif. — A Ninth Circuit U.S. Court of Appeals panel affirmed a lower court’s judgment after a jury found in favor of investors in their case against two investment advisers and their investment adviser firm for violating federal securities laws, finding that the lower court did not err in excluding evidence regarding certain investment accounts for being irrelevant to the claims....