Chau separately sued writer Michael Lewis for libel over "The Big Short," saying the 2010 book portrayed him as a crook or incompetent. The 2nd Circuit in November 2014 rejected Chau's claims, saying the author was not liable even if Chau's pride were wounded.
The case is Chau et al v. SEC, 2nd U.S. Circuit Court of Appeals, No. 15-461.
This article was provided by Reuters.