Live Well Financial CEO’s Fraud, Conspiracy Convictions Affirmed

There is enough evidence to support a jury’s verdicts convicting Live Well Financial Inc.'s former CEO of various fraud and conspiracy charges, an appeals court ruled.

The US Court of Appeals for the Second Circuit also said Michael Hild wasn’t entitled to a new trial despite the jury receiving incorrect instructions because the error didn’t affect his “substantial rights,” the court said Wednesday.

Hild argued he should be granted a new trial because the jury was instructed on a right-to-control theory of fraud that was invalidated by the Supreme Court in United States v. Ciminelli. But Hild was convicted ...