InvestorsHub Logo
Followers 62
Posts 1764
Boards Moderated 0
Alias Born 05/22/2011

Re: crowin post# 7694

Monday, 01/09/2012 9:52:33 PM

Monday, January 09, 2012 9:52:33 PM

Post# of 67190
Well SE and I spoke to attorneys about this. The problem is you have to prove beyond doubt that he intended to defraud shareholders. If you can prove that, well, you got him. SE has a paid legal team that checked into all this stuff, on all of the past and present players. The attorneys advise was to walk away and not get involved in pushing the issue, because there is a difference between a poor businessman and a scammer. Part of the problem is what might still be legal in the laws eyes is not morally right in our eyes. The SEC doen't prosecute on bad morals or what looks like bad business judgement...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GSFI News