Green Oasis (GRNO)

[loanranger]

Stewart's rejoining of the board had nothing to do with her conviction and state law. She was banned for 5 years as part of her SEC "settlement" and that period had expired.
http://www.google.com/hostednews/ap/article/ALeqM5gkPIeiWMsrj6gATYrY4H3gLz7W3Q?docId=90b1189c3bc6488dbbf7971e8e6d0fb7

Carraway suffered a similar ban.
"The Final Judgment barred Carraway for a period of five years from serving as an officer or director of any issuer that has a class of securities registered pursuant to Section 12 of the Exchange Act or that is required to file reports pursuant to Section 15(d) of the Exchange Act."
http://www.sec.gov/litigation/litreleases/lr17064.htm


Given that Stewart was convicted of criminal charges, her rejoining with the company's board suggests that it may be a mistake to believe that a felon cannot serve as an officer or director of a public corporation. I don't believe that a state can deprive a person of that right, but if you have an example of that I'd like to hear about it.
"According to my reads, it is determined by individual states on the restoration of civil rights of convicted felons."
Even if that's true, I don't think that serving as an officer or director of a public corporation is considered a "civil right".