Attempting a false stolen report to law enforcement is a crime this case would be very easy to write and charge the suspect. (The act plus intent) The allegation was even used in a false Bankruptcy and thrown out of Court.
If SEC was doing its job they would have followed up on this (above) and determined the motivations to falsely accuse TECO of crimes they did not commit. The US SEC has been a total embarrassment to the duties of the United States of America, all one has to do is read the complaint SEC wrote against TECO then read a posters post and almost verbatim the post was copied to the SEC Complain. The Judge threw the SEC complaint out and unfortunately allowed 21 days to amend (the extension was a bad ruling in my opinion) the average person would probably not have gotten the extension the case should have been thrown out of court with no loopholes. The big Federal Agency got the leniency of the court.
I will never own a Public Stock Corporation, this is an example the( TECO Story) of how to destroy a Public Company by false lawsuits all of witch were thrown out of court. However, one must defend against lawsuits. The defenses that TECO had to do took all of their working capital. The short story is TECO ran out of money to play bills and defend itself.
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