[phpthrowaway99]

I wouldn't say he settle what I consider "securities fraud" even if that's the technical label, just like I wouldn't say someone that got a speeding ticket violated "federal interstate travel statues" by speeding on I5.

[sarchertech]

But that’s just what securities fraud is though, it’s a very technical violation.

The didn’t violate federal interstate travel statutes because a speeding ticket is a local violation.

If you said someone who got a speeding ticket violated interstate travel statutes, then sure that fits exactly what they did.