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Did the Platinum Partners Trial Judge Usurp the Jury’s Role in Overturning Verdicts?

In its appeal’s opening brief, the government argues that it did.

By Michelle Celarier Michelle Celarier
January 15, 2020
Mark Nordlicht, co-founder of Platinum Partners. (Michael Nagle/Bloomberg)

Mark Nordlicht, co-founder of Platinum Partners.

(Michael Nagle/Bloomberg)

Federal prosecutors in the 2019 Platinum Partners securities trial last week fired their opening salvo in their appeal of a federal judge’s ruling that threw out guilty verdicts of two of the hedge fund’s executives.

After a nine-week trial that ended in July, Platinum founder and CIO Mark Nordlicht and co-CIO David Levy were found guilty on three securities charges.

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