Monday, March 30, 2015 3:33:53 PM
The court did not render a "judgement".
The court approved a settlement negotiated between the SEC and JBI & JB.
Read the settlement again. JB agreed not to dispute the facts of the case. It says nothing about the allegations.
It is a fact that JBI misstated the value of the media credits. It is a fact that the company recognized that misstatement and refiled a corrected filing. All of which happened before the SEC was aware of the issue.
There is a big difference between allegations and facts.
"Wise men talk because they have something to say, fools because they have to say something."
PLATO
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