Bullshit. JBI was set up. They were issued a Wells Notice during ongoing negotiations. Then they were served with a Statement of Claim. Both events resulted in the share price being hammered.
Strangely enough, before the Wells Notice was served at JBI, it was reported on SMB's. How does that happen? Then, surprise, the SEC settled by negotiations, after the lead investigator suddenly left the SEC. I don't believe in coincidences like this.
I can also say that Settlements do not mean there is any admission of any wrongdoing. It best it was an admission of an accounting error. Settlements occur all the time when settlement amounts are less than legal fees.
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