Statement From Fabrice Tourre

  Statement From Fabrice Tourre

Business Wire

NEW YORK -- May 27, 2014

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
Press spacebar to pause and continue. Press esc to stop.