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Re: Luka Brasi post# 97020

Monday, 12/11/2023 11:10:05 AM

Monday, December 11, 2023 11:10:05 AM

Post# of 97041
Pretty much guaranteed.
The SEC is a civil action with a lower evidentiary bar than the criminal proceeding.
It was stayed while the Criminal indictment proceeded so that the discovery in the civil trial would not prejuduce Berman's defence in the criminal trial.
Berman sticking his hands up in the criminal trial is pretty strong evidence against him in the civil trial, so I would expect a finding there as soon as it is revisited.
But its moot I guess.
The only penalties are financial, and it looks like Berman is boracic, hence the public defender being invoked. I guess they can disqualify him from directorships, but a criminal conviction of this type probably does that already I would have thought (will check!).
So its blood out of a stone I am afraid.