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SCOTUS Rejects Arguments Kavanaugh Made As An Appeals Court Judge – Talking Points Memo



WASHINGTON (AP) – The Supreme Court rejects arguments from Justice Minister Brett Kavanaugh when he was a court of appeal in a case involving securities fraud.

The court's 6-2 government Wednesday confirms an appeal court's decision on investment banker Francis Lorenzo over false and misleading statements Lorenzo sent emails to potential investors in a company. E-mails described the company as having $ 10 million assets when Lorenzo knew the real number was $ 400,000.

Kavanaugh was different from the appeal clause. He did not participate in the High Court case.

Justice Stephen Breyer's majority view rejected Lorenzo's argument that he did not violate the anti-fraud rules of the Securities and Exchange Commission because he only sent e-mails to his boss who provided message content.

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