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Re: againstallodds post# 111995

Sunday, 01/28/2018 12:30:06 PM

Sunday, January 28, 2018 12:30:06 PM

Post# of 116863
Might not be a limit in a Clownfish hunt!

SOL time doesn't start till the crime is discovered and it appears the rules don't apply to the SEC either.

Once filed, cases do not need to be resolved within the period specified in the statute of limitations.

The statute of limitations may begin when the harmful event (such as fraud or injury) occurs or when it is discovered. The Supreme Court of the United States has described the "standard rule" of when the time begins as "when the plaintiff has a complete and present cause of action", a rule in existence since the 1830s.[12] A "discovery rule" applies in other cases (including medical malpractice), or a similar effect may be applied through tolling. In 2013 the Supreme Court of the United States ruled unanimously in Gabelli v. SEC that the discovery rule does not apply to U.S. Securities and Exchange Commission's investment-advisor-fraud lawsuits, since one purpose of the agency is to root out fraud.[13]




Funnier than clownfish watching the Ho Down Barney Fake New Network!

Donnie and Marie on the left. No rhythm!

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