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If KABX is a shell, Ulsteen isn't attached

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TKane   Saturday, 11/10/18 02:55:09 PM
Re: None
Post # of 3184 
If KABX is a shell, Ulsteen isn't attached in any way. The dude is out of jail now, but probably banned from anything having to do with securities. Guy torched that bridge, for sure. Messed up bad.
Quote:
CEO Erik Ulsteen sentenced to 46 months !

Full docket text for document 43:
Minute Entry for proceedings held before Judge M. James Lorenz: Sentence With PSR Hearing held on 8/21/2014 for Svein Erik Ulsteen (1). Count(s) 3 of the Information, Dft committed to the BOP for a term of 46 months to run concurrent with sentence in 14cr0924-L, Supervised Release for 3 years to run concurrent with supervised release in 14cr0924-L. No fine, Assessment $100, Appeal rights waived. Restitution Hearing set for 12/11/2014 at 10:30 AM in Courtroom 5B before Judge M. James Lorenz. Govt submission is due by 11/6/2014 and Dft response due by 11/20/2014. Govt oral motion to dismiss remaining counts 1-2 and 4-6 Granted. (Court Reporter/ECR Juliet Eichenlaub). (Plaintiff Attorney Eric Beste, AUSA). (Defendant Attorney Knut Johnson, RET). (no document attached) (ecs)

Full docket text for document 44:
NOTICE OF HEARING as to Defendant Svein Erik Ulsteen. Upon Joint request of counsel, Status Hearing set for 9/11/2014 at 10:30 AM in Courtroom 5B before Judge M. James Lorenz. (no document attached) (ecs)



Nothing I say, post, or do should ever be considered financial advice. It is just my personal opinion. I may be holding a long, short or no position. I am NOT or NEVER have been compensated to post on here and my posts are for entertainment purposes only.
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