David Siegal in Law360: PE CEO In Fraud Case Wants 'Bad Faith' Warrants Suppressed

02/23/2017

Scandal-plagued private equity CEO Benjamin Wey asked a New York federal judge Friday to suppress the fruits of two search warrants in a securities fraud and money laundering case, saying the warrants were defective and after the government seized more than it should have, it impermissibly searched electronic data years later.

David M. Siegal of Haynes and Boone LLP told U.S. District Judge Alison J. Nathan that the government’s stance that it acted in good faith throughout must fail because the warrants to search Wey’s home and office lacked basic information like time-frame limits, code section and type of conduct being investigated, but do contain “blanket language like ‘including but not limited to.’"

“This is a core fundamental problem with these warrants from top to bottom,” Siegal said. “Good faith can’t overcome that.” 

Excerpted from Law360. To read the full article, please click here (subscription required).

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