SEC Charges Eleven in Stock Manipulation Ring

[jurisper]

He's replaced the appeal by a motion for reconsideration. Says that the timing of the forfeiture order didn't allow him to respond, and that it goes broader than his plea deal, in that it covers not just his personal illicit gains, but everybody else's also.

Says the number should be $117K.

Also says that at sentencing hearing it was stated that the govt failed to indict individuals responsible for $3M of the total amount. Be interesting to see more on that.