Securities Fraud Lawyer - Securities and Exchange Commission v. Chatterjee
This is a case brought by the Securities and Exchange Commission against the defendants to recover profits obtained by the defendants through unlawful insider trading. At the request of the Securities and Exchange Commission, the Court appointed Edward F. Haber the Receiver in this action. As Receiver Mr. Haber took custody of the Disgorgement Fund. Mr. Haber had the responsibility to approve or disapprove claims made against the Disgorgement Fund, applying the criteria established in the Plan of Distribution submitted by the Securities and Exchange Commission and approved by the Court. As Receiver he was also responsible for administering the distribution of the Disgorgement Fund to the approved claimants.