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.”  Contact:  Media: Sard Verbinnen and Co George Sard/Renee Soto/Chris Kittredge 212-687-8080  
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