Thursday, March 08, 2018 1:47:42 PM
There wasn't a press release about the litigation - it was found through a court filing - which means the investigation is just beginning.
The SEC will turn this over to the Justice Department - where there will be criminal indictments - which always takes longer.
The SEC language in the complaint clearly shows that OWCP insiders were involved in the share selling scheme.
As I stated OWCP was created at a dinner at Friedland's house - so he was involved from the beginning.
Friedland was selling OWCP stock through September 2017.
There is at least $2.3 million dollars not accounted for in the complaint - we will find out how much made it back to the OWCP insiders.
Since Friedland just resigned from the Advisory Board - it is impossible to try and put the blame on "old management".
Sorry but this investigation is just beginning.
IG
It's I-Glow here, and I'm Mr.Clean.
They call me "hit man"
Don't know what they mean.
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