Wylys' lawyer calls U.S. SEC $750 mln claim 'overblown'
August 06, 2014 at 17:52 PM EDT
NEW YORK, Aug 6 (Reuters) - A lawyer for Texas businessman Sam Wyly and his late brother Charles on Wednesday urged a U.S. judge to reject the Securities and Exchange Commission's request for as much as $750 million in damages for their role in a fraudulent offshore scheme.