Feds to retry former Homestore CEO

Feb. 12 hearing scheduled to set new trial date

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LOS ANGELES — Stuart Wolff isn’t yet out of the woods. U.S. prosecutors intend to retry Wolff, the former Homestore CEO whose conviction and 15-year prison sentence related to an accounting scandal was tossed out last year by a three-judge panel.

"There will be a new trial. Where we are is essentially as if the original trial had never happened," Assistant U.S. Attorney Michael R. Wilner told Inman News.