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SEC: Statement On Jury's Verdict In Trial Of Edward S. Walczak, Gurbir S. Grewal, Director, Division Of Enforcement, April 18, 2022

<p><span>After a five-day trial, a jury serving in the United States District Court for the Western District of Wisconsin found Edward S. Walczak liable for negligence-based securities fraud for misrepresenting to investors how he would manage risk in the Catalyst Hedged Futures Strategy Fund.</span></p> ....

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CFTC Wins Jury Verdict In 2020 Commodity Pool Fraud Case - Portfolio Manager Found Liable For Making False Or Misleading Statements

<p><span>The Commodity Futures Trading Commission today announced that on April 15, a jury in the U.S. District Court in the Western District of Wisconsin issued a verdict finding&nbsp;Edward S. Walczak&nbsp;liable for engaging in conduct that operated as a fraud or deceit upon investors, potential investors, or investment advisors, in violation of Section 4o(1)(B) of the Commodity Exchange Act (CEA).</span></p> ....

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