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Robert Heim Quoted in Bloomberg on SEC Claims Against Texas Day Trader

January 29, 2013

White Collar and Government Investigations, Securities & Financial Services Litigation partner Robert Heim was quoted in Bloomberg article, “Texas Day Trader Sued by SEC Over High-Frequency Trading Claims.” The article discusses the SEC claim that a Texas day trader illegally raised more than $6 million from the Houston-area Lebanese community by making false promises that his algorithmic trading program would generate 30 percent returns.

Robert explains that the allegations were “disappointing” and made “without merit.”

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