Supurva Healthcare Group Inc (SPRV)

[dss19552002]

For what?

I don't disagree that he hasn't been a great CEO in terms of increasing value of the company and stock. That isn't a crime.

His disclosures, quarterly and annual, have been sloppy, but I don't think criminal. I don't think there is fraud there, that I can see. Strickland is the one who signed off on the disclosures anyway. He has the power, and I don't think Murphy has much, if anything, in the way of actual power.

I suppose you can make a claim that the PRs that suggested they were buying buildings were misleading, but a case can be made that there was an honest effort and being a real estate company involved in medical office buildings. While we may not believe it, I don't think that's enough to send him to jail.

I am concerned that investors who shared this stock with local investing groups, like maybe a church group, may have lost a significant amount of money, and wish to seek recovery, but losing money isn't enough to put Murphy in jail. However, I can understand how satisfying that could be.