Three Arizona men who allegedly built a sports complex by defrauding large investment firms and other bondholders of more than $280 million have reached agreements with the SEC following plea deals in related criminal cases.
Monetary relief will be determined later, according to a Securities and Exchange Commission letter and other documents filed Monday in the US District Court for the Southern District of New York. For now, the three have agreed not to violate securities law provisions of the Securities Exchange Act and have accepted a permanent bar on securities offerings and sales.
Randy Miller, 70, and his son ...
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