Giving federal prosecutors a fourth and final chance to win restitution from a man who pleaded guilty last year to defrauding investors, Eastern District Judge Nicholas G. Garaufis said the government has failed to prove its claim that the scheme caused investors to lose $9 million.
In United States v. Gushlak, 1:03-cr-00833, Judge Garaufis ordered prosecutors to submit additional evidence by Aug. 22 to support their request for restitution in the case of Myron Gushlak. The judge set a Sept. 6 hearing on the issue.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]