Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Saturday, April 7, 2007

Professor's Amnesia Defense to Investment Fund Fraud

An economics professor Albert E. Parish Jr. (Charleston Southern U.) and manager of several mutual funds claimed amnesia after a SEC investigation found that $134 million of funds were missing.  The SEC charges Parish with misleading investors about the funds' profitability.  See WPost, Fund Manager Offers Memorable Response to SEC's Fraud Charges.

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