Well, virginian, you believe wrong:
The Court further barred Altomare from serving as an officer and director of any public company, finding him “substantially unfit†to serve in such capacity because he abused his position of power in a public company by “repeatedly and brazenly committing fraud and flouting investor-protecting registration requirements.†(Opinion, p., 27). The Court noted that Altomare’s “apparent refusal to acknowledge the types of conduct that violate the securities laws raises serious concern that he will engage in misconduct in the future.†(Opinion, p. 28).
GUERRE AUX CHATEAUX, PAIX AUX CASANES