When the U.S. Supreme Court last week imposed a five-year statute of limitations on any claim for disgorgement in a Securities and Exchange Commission enforcement action, the justices almost certainly impacted the government's case against Sam Wyly and the estate of his brother. The ruling will likely mean that at least a portion of the $187 million judgment remaining against the Wylys will be vacated. This article has the details of the decision . . .
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