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robotgeek

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robotgeek

Re: Chae post# 22589

Monday, 11/28/2011 11:40:46 AM

Monday, November 28, 2011 11:40:46 AM

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No one's accused Spencer of fraud, YET. He's only currently accused of defamation. Two courts have ruled he owes Wallace $ for improper conduct. If he's found to be guilty of fraud, I'm guessing a derivative action or possible SEC/FINRA investigation may follow. Very serious situation that all SHs should be concerned with. He may not be able to remain as a CEO of a public company. Very serious situation. IMO
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