Eric Butler News
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Credit Suisse Group AG and Elbit Systems Ltd. agreed to a settlement of the Israeli defense contractor’s lawsuit seeking to hold the bank liable for the conduct of two former brokers convicted of defrauding investors.
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Former Credit Suisse Group AG broker Eric Butler appealed his five-year prison sentence for misleading clients about securities purchased on their behalf in what prosecutors called a $1 billion fraud.
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Former Credit Suisse Group AG broker Eric Butler had his securities-fraud conviction overturned by a federal appeals court, which ruled that Brooklyn, New York, was the wrong venue for the trial on the charge.
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Former Credit Suisse Group AG broker Eric Butler is likely to receive the same five-year sentence after a federal appeals court overturned his securities-fraud conviction earlier this week, a judge said today.
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Former Credit Suisse Group AG broker Eric Butler, convicted in 2009 of fraudulently selling subprime securities to corporate clients that cost investors more than $1.1 billion in losses, is in plea talks to resolve pending charges, a prosecutor said.
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Former Credit Suisse Group AG broker Eric Butler, convicted by a jury of securities fraud in 2009, won’t have his prison sentence extended after pleading guilty to seven wire-fraud counts stemming from the same actions.
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Former Credit Suisse Group AG broker Eric Butler, whose securities-fraud conviction was overturned by an appeals court, had his resentencing postponed on two other convictions.
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Former Credit Suisse Group AG broker Eric Butler, free while appealing his conviction for fraudulently selling subprime securities that cost investors more than $1.1 billion in losses, was ordered to begin serving his prison sentence.
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Former Credit Suisse Group AG broker Eric Butler, convicted two years ago of committing a $1 billion fraud, began his five-year sentence at a New Jersey prison where he will be able to earn as much as 40 cents an hour.
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Former Credit Suisse Group AG broker Eric Butler, whose conspiracy conviction for fraudulently selling securities was upheld yesterday, should go immediately to prison, the U.S. said.
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