Securities and Exchange Commission v. Towers Financial Corporation
United States District Court for the Southern District of New York
996 F.Supp. 203 (1997)
- Written by Sean Carroll, JD
Facts
The Securities and Exchange Commission (SEC) (plaintiff) sued Brater, et al. (defendants) for false representations. At trial, Brater sought to introduce the testimony of a number of character witnesses. The SEC moved to exclude the witnesses on account of Rule 404(a)(1) of the Federal Rules of Evidence.
Rule of Law
Issue
Holding and Reasoning (Peck, J.)
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