Developer Wins Mich. High Court Review Of Securities Test

By Emilie Ruscoe (December 21, 2023, 8:33 PM EST) -- Michigan's high court has agreed to review the state's legal test for determining whether an investment qualifies as a security, an issue raised in an appeal by a developer challenging a state fine issued over promissory notes he gave investors in a $6 million condominium development in Costa Rica....

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