Former SEC ALJ Claims Bias Against Defendants

More information coming out from the Wall Street Journal’s article on the failure of defendants to get a fair trial before the SEC’s own administrative law judges.According to the article, one former SEC judge said she thought the system was slanted against defendants at times.Lillian McEwen, who was an SEC judge from 1995 to 2007, said she came under fire from Ms. Murray for finding too often in favor of defendants. “She questioned my loyalty to the SEC,” Ms. McEwen said in an interview, adding that she retired as a result of the criticism.

Source: The Securities Law Blog: Former SEC ALJ Claims Bias