George Jarkesy was fined $450,000 nine years ago, after a Securities and Exchange Commission judge found he had lied about filling hedge funds with penny stocks touted by his boiler-room boss, and had concealed the funds’ losses.

The state Supreme Court affirmed a District Court judge's decision that said while Democratic lawmakers tried to dilute Republican voting power in one of the state's three congressional districts, their efforts did not equate to gerrymandering.