The late Arthur Nadel, a Sarasota hedge fund manager accused of running a $168 million Ponzi scheme, died two years ago, but the litigation over his scam lives on.
The U.S. Court of Appeals for the Eleventh Circuit ruled the former officers of a Texas oil and gas exploration and production company that received money from Nadel’s investors lacked standing to appeal a decision giving a receiver authority over the company.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
