United States v. Brooks

The Second Circuit granted in part and denied in part a motion to abate David Brooks' offenses related to fraud and securities laws. Brooks was the founder, Chair of the Board of Directors, and CEO of DHB Industries, a publicly traded company. The court held that Brooks' counts of conviction resulting from the verdict abated with his death, but not the counts resulting from his guilty plea. The court also held that the bail bond subscribed by Brooks and his family remained forfeited. Finally, the order of restitution related to the fraud and securities laws counts was abated but not the order of restitution related to the tax counts. View "United States v. Brooks" on Justia Law