NY judge rejects US SEC’s efforts to counter Tron’s arguments in ongoing securities lawsuit

“Indeed, if the SEC is granted leave to file a supplemental response addressing the various common enterprise tests (which have not been addressed in any prior pleadings), Defendants will need a supplemental response to state our position with regarding this new problem.” read the letter from Tron’s lawyer. “In other words, the SEC requires three pages to respond to a problem of its own making.”