Jan 02
Blog Post: SEC Slams Exec, Seeks Trustee In $1B Woodbridge Ch. 11
by Anonymous
The U.S. Securities and Exchange Commission sought a trustee takeover Tuesday for alleged Ponzi schemer Robert Shapiro’s collapsed $1.2 billion Woodbridge Group empire, saying Shapiro's hand-picked managers in the Delaware Chapter 11 case offered only “hollow” claims of independence.
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