Texas businessman Wyly strikes $198 million deal with SEC
 

Texas businessman Wyly strikes $198 million deal with SEC
NEW YORK (Reuters) - Texas businessman Sam Wyly has agreed to pay $198.1 million to resolve claims by U.S. securities regulators that he engaged in a long-running securities fraud to hide trades in companies he controlled using offshore trusts, according to a court filing.http://feeds.feedburner.com/~ff/Reut...?d=yIl2AUoC8zA http://feeds.feedburner.com/~ff/Reut...1o:V_sGLiPBpWU http://feeds.feedburner.com/~ff/Reut...1o:F7zBnMyn0Lo
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