The following was a judgement rendered in the case of a CEO lying to customers. I certainly think the same could be applied to MacLellan lying to shareholders buying stock. MacLellan has a lot to worry about with this lawsuit.
"On Friday, October 29, 2010, the court entered a civil verdict against Heidi Diaz for fraud and false advertising. Some had hoped she would be held criminally liable for the damage she inflicted on so many people by serving time in jail for what she had done. But the judgment against her wasn’t a cakewalk either:
- $1,824,210.39 in restitution to class members
- $500,000 in punitive damages
- Attorney fees dating back to 2007
- A temporary restraining order freezing all of her assets
- Not allowed to contact, harass or cyberbully the plaintiffs or witnesses against her"
I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.