Mich. Biz Attys Back State's Securities Fraud Enforcement Bid

By Katryna Perera (May 14, 2024, 9:09 PM EDT) -- Members of Michigan's state bar association have urged the state's highest court to adopt a U.S. Supreme Court test for determining whether promissory notes are securities, in support of an effort by the state securities regulator to bring an enforcement action against a condominium developer accused of failing to pay back investors. ...

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