| Nomura
Trader Gramins Gets Continued Stay of SEC
Case Amid Criminal Restitution Talk
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
May 25 – Since 2015 the SEC
has pursued a civil case
against Michael Gramins, a
former Nomura trader who was
prosecuted criminally as
well.
On May 25,
U.S. District Court for the
Southern District of New York
Magistrate Judge Robert W.
Lehrburger held a proceeding.
Inner City Press covered
it.
He had been
told that the issue of
restitution is still being
pursued in the criminal case.
Judge Lehrburger
agreed to continue to stay the
civil case, after for a status
letter in 60 days or earlier
if there is a material event
including in the relevent
criminal case.
This case is
Securities and Exchange
Commission v. Shapiro,
15-cv-7045 (Berman /
Lehrburger)
***
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