“We believe that this action is an overreach by the SEC, and look forward to fighting these allegations and clearing the air,” Rishi Kapoor told the Miami Herald.
OCEANSIDE, Calif. — In Oceanside, a coastal suburb about 40 miles north of San Diego, the palm trees sway and the temperature is almost always perfect. Fishermen cast their lines from the long, wooden pier. Teenagers with salt-bleached hair watch surfers ride glassy waves. “Every day here feels like the most perfect summer day,” Mercedes Murray, 38, said as she lounged at Buccaneer Beach, a spot popular among locals. Sign up for The Morning newsletter from the New York Times There is just one pr