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Fed. appeals court denies ex-Ill. governor appeal
Headline Legal News |
2012/08/08 12:56
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A federal appellate court in Chicago has denied an appeal filed by imprisoned former Illinois Gov. George Ryan.
The 7th U.S. Circuit Court of Appeals released a 16-page ruling on Monday denying the 78-year-old Republican's appeal.
A ruling in his favor could have led to Ryan's release from an Indiana prison. It was widely seen as his last chance to get out of prison early.
Ryan is nearing the end of a 6 1/2-year sentence. He's due to be released in mid-2013.
The U.S. Supreme Court in April ordered the appeals court to revisit Ryan's arguments to overturn his conviction.
Last year, the lower court rejected arguments that the 2006 convictions should be tossed because prosecutors never proved Ryan took a bribe. |
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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