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Wednesday, May 09, 2018 4:14:31 PM
The judgement has been decided.
Biel will appeal pending the Supreme Court Ruling at the end of April
and the Supreme Court will rule against the SEC in favor of Lucia, the case
that affects this ruling against Biel. Supreme Court ruling will be end of June or early July, most likely.
WHAT DOES THAT MEAN? The Biel case will either totally go away or the fine can be negotiated down further
or Biel will get a new day in court at the BACK of the SEC line in a year or two.
Fine to Biel was first reduced over 50% and Now it has been reduced
ANOTHER 50% to $767,593 plus some interest.
Here is the ruling. Read it yourself.
https://www.sec.gov/alj/aljorders/2018/ap-5591.pdf
Been saying for well over a YEAR that the SEC information was BS!!
It is now "SAFE" to come out and buy Biel!!
------------------
April 23rd is Oral Arguments
for Lucia VS SEC.
http://www.scotusblog.com/case-files/cases/lucia-v-securities-exchange-commission/
Supreme Court will hear the case on Administrative Law Judges and I believe they will rule against them.
Final Ruling by the Supreme Court will most probably come out end of June, or the beginning of July.
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Lucia VS SEC
The Shakedown arm of the last adiministration??
It was said Biel would not be able to sue the SEC,
well here is the Brief FILED in the Lucia VS SEC Case
going before the Supreme Court.
https://www.supremecourt.gov/DocketPDF/17/17-130/36114/20180221144816710_17-130-ts.pdf
Guess what??
Wait for it--------
wait for it----------
wait for it------------
Lucia Case is asking for financial remedy!!
You can't make this stuff UP!!
Lucia wins, will there then be financial compensation??
Perhaps BIEL gets financial compensation??
Hehehehehe x 2
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