Court Determines Amount Against Lauer in Hedge Fund Scheme
Court Orders Disgorgement and Prejudgment Interest Against Defendant Michael Lauer
On May 19, 2009, the U.S. District Court of the Southern District of Florida entered an order requiring Lauer to disgorge all money he ultimately received, based on the fraudulent conduct he demonstrated in his hedge fund scheme.
The following SEC release reprinted in full, can be [...]