Coleman appeals decision in securities fraud case - St. Louis Business Journal:

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entered a final order in Januaruythat Coleman, founder and managin member of St. Louis-based LLC, committed securities fraud. But now Coleman is trying to resuscitate the closed On Monday, he and representatives of Carnahan’ds office will argue before a judge whether he may appea l the order at this stagse of the game. Colemanm had a right to a commission hearinfg prior to the final order and was scheduledf to make his case last But he withdrew his request in November out of fear his testimony could be used against him in federao court after learningthe U.S. Attorney’s officre in St. Louis was conducting its own investigation.
Carnahan’sw office plans to argue that since Coleman passed upthat appeal, the Securitie Commission’s final order should stand. The state’z case against Coleman dates back to when Missouri Commissioner of Securities Matthew Kitzi begann an investigation of Coleman after investors complainedd Colemanmisled them. That investigation found Coleman offered unregistered securitiex and committed securities frau in transactions related to his Daedalus Capital investmenf firmand now-defunct Chicken Little Fund Group.