Uh, JB skipped his due process by admitting what he did which is clearly spelled out in his settlement agreement plus paying $170,000 in fines as well as accepting yet another 5 year officer ban.
You do understand he admitted his wrongdoings as facts as part of the agreement be signed???? That means no due process needed as he did not argue the facts and he chose not to fight them.
I suppose some will suggest he is innocent and simply agreed to be smeared and pay his "parking ticket" to avoid a lengthy and expensive trial but then again, who allows themselves to admit to something they didn't do which damages the reputation of him and the company he ran to save a little cash???
That would just be another act of screwing over your investors who already have watched the pps drop over. 98% from the highs to the recent lows.
He did it, he admitted to the findings as facts, he paid a fine. Thee is no argument here. It is a factual statement to say he funneled shares through his kids trust, violating securities law as well as the rules of the trust he set up for his own children. It's stated fact signed by JB himself.
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