Spongetech Delivery Systems Inc (fka SPNGQ)

[taint_she_sweet]

wrong wrong wrong. the trustee that will be appointed is an employee of the DOJ. Secondly, civil cases take a back seat to the bankruptcy court. it is a matter of constitutional law. DOJ-executive branch
SEC-independent agency, basically an arm of legislative branch as it was formed by congress. criminal charges can be pursued but since there have been no indictments the trustee will have a broad range of authority in deciding the progress of the fbi investigation.

convoluted? yes. but it is in fact the law.