News Column

Statement From Fabrice Tourre

May 27, 2014

NEW YORK--(BUSINESS WIRE)-- Fabrice Tourre announced today that he will not file an appeal in his civil Securities and Exchange Commission case. Mr. Tourre released the following statement regarding his decision:

“After careful consideration, I have decided not to pursue a lengthy appeal process which, if successful, would lead to a retrial. While my lawyers have advised me there are strong grounds to appeal, I prefer to move forward with my education and close this difficult chapter of my life. I am sincerely grateful to all of those who have supported me over the past four years. I look forward to finishing my PhD in Economics and to making meaningful contributions to my field.”


Sard Verbinnen and Co

George Sard/Renee Soto/Chris Kittredge


Source: Fabrice Tourre

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Source: Business Wire

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