Court Denies Emergency Injunction in Investment Fraud Case, Reinforcing PSLRA’s Bar on RICO Claims Rooted in Securities Fraud

On August 13, 2026, Judge Roy K. Altman of the U.S. District Court for the Southern District of Florida denied plaintiffs’ emergency motion for a preliminary injunction in Siriani v. Feingold, Case No. 26-cv-80119, a case involving allegations that defendants misappropriated approximately $150 million in investor funds through a complex web of fraudulent transfers and misrepresentations.... By: Akerman LLP