The court affirmed summary judgment for IB Resolution, holding that the alleged three-month churning scheme and subsequent concealment did not establish the continuity required for a RICO pattern or conspiracy.
U.S. Court of Appeals for the D.C. Circuit, 1991
Published opinions from 1991. The case name opens the case page.
1991 opinions
D.C. Cir.Safecard Services, Inc., Appellant v. Securities and Exchange Commission
March 1, 1991926 F.2d 1197
The court affirmed the denial of discovery and the SEC’s withholding of documents under the attorney work-product and personal-privacy exemptions. It held that the SEC’s record was insufficient to establish the deliberative-process exemption because the agency did not adequately explain its decisionmaking process or…