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Tuesday, 08/18/2020 8:52:21 AM

Tuesday, August 18, 2020 8:52:21 AM

Post# of 9349
Anybody read this Judgement yet?
https://www.law360.com/articles/1300031
As part of the consent judgement in the SEC's suit against digital marketing company Turbo Global Partners and CEO Robert W. Singerman... the CEO did not admit or deny the allegations.
Says "The company reached a separate agreement in which it vowed among other things not to employ any device, scheme or artifice to defraud"... duh.
The consent judgement states that Singerman may not challenge the validity of the final judgment, and that he "will not make or permit to be made any public statement to the effect that defendant does not admit the allegations of the complaint, or that this consent contains no admission of the allegations without also stating that defendant does not deny the allegations."
https://www.law360.com/articles/1300031/attachments/1

So he can't publicly challenge the allegation or claim he didn't do it without also saying that he didn't deny it. Am i reading that right?