• 12 Oct 2012 at 4:59 PM

Fabulous Fab To Take The Stand Next Summer

Three years after Fabrice Tourre was sued by the Securities and Exchange Commission for allegedly misleading investors, the (soon-to-be) Dr. of Economics and Love will go to trial, assuming finals don’t pose a conflict.

U.S. District Judge Katherine Forrest in Manhattan set the July 15 trial date at the end of a hearing in which an SEC lawyer argued that she should reinstate some claims against Tourre that another judge dismissed earlier in the case. Last year, U.S. District Judge Barbara Jones threw out some of the SEC’s claims after Tourre argued that he couldn’t be held liable under U.S. securities law for transactions that occurred outside the country. The SEC argued today that the claims should be reinstated because of a recent appeals court ruling that applied a broader definition of “domestic securities transaction” than the one used by Jones. Tourre’s case was assigned to Forrest last week. Tourre, 33, who is studying for a Ph.D. in economics at the University of Chicago, wasn’t present in the courtroom today. His lawyer, Pamela Chepiga, told Forrest that she will check with her client to make sure there is no conflict between his exams and the trial date.

Goldman Sachs’s Tourre Gets July 15 Trial Date [Bloomberg]

11 comments (hidden to protect delicate sensibilities)
Show all comments ↓

Comments (11)

  1. Posted by Guest | October 12, 2012 at 5:04 PM

    Chepiga only really cares if there is a conflict between the court date and her getting a sandwich

  2. Posted by guest | October 12, 2012 at 5:09 PM

    Go on.

  3. Posted by rebreather.it | October 13, 2012 at 2:38 PM

    I do not even know hοω I finisheԁ uр heгe, hοωever Ӏ thοught this post was good.
    ӏ don’t understand who you are however certainly you are going to a well-known blogger in the event you are not already. Cheers!

  4. Posted by discount Hermes Bags | October 14, 2012 at 12:52 PM

    I cling on to listening to the news broadcast speak about getting free online grant applications so I have been looking around for the most excellent site to get one. Could you advise me please, where could i get some?

  5. Posted by home with cheapest Miu Miu Wallets on allmiumiubags.com | October 14, 2012 at 4:42 PM

    Hi to every one, it’s actually a good for me to pay a quick visit this web page, it contains important Information.

  6. Posted by printer ink | October 15, 2012 at 8:25 AM

    We ѕtumblеd over herе ԁifferent ωеb addresѕ and thought
    Ι might as well checκ things out. I like what I seе ѕo now
    i’m following you. Look forward to going over your web page for a second time. http://www.inkhyperlink.com

  7. Posted by puff factory | October 15, 2012 at 10:10 AM

    fuck you

  8. Posted by Sparks | October 15, 2012 at 10:40 AM

    Hey Fab – keep your chin up – I'll be thinking of you during your trial!

    j/k.

  9. Posted by article | October 15, 2012 at 2:43 PM

    Internet is a source of information and knowledge. But there are so many sites in net which are nothing but gibberish. But when I visit your site – I felt that – in net there are lots of sites (like this) from where I can get lot of information too. And if I say truly – your site is fantastic. I’ve bookmarked your site in my browser; I hope in future days I’ll get more valuable information from your site.

  10. Posted by Americas Cardroom Poker | October 16, 2012 at 9:46 AM

    Fabulоuѕ, what a webpage it is! This web ѕіtе pгoνides useful
    data to us, keep it up.

  11. Posted by larrykat | February 12, 2013 at 11:22 AM

    I hope this guy has a long, long, quiet time to think about it.