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janice shell

09/24/14 12:09 PM

#41378 RE: 6pack2go #41373

Is it really a corrupt TA or only a few individuals that work there?

Hard to say without knowing more. In the complaint, the SEC says that some employees did improper things because they hadn't been trained not to do those things. That doesn't rule out the possibility that Pagnano conspired with one or more R&T employees.

If so, though, the CEO took the brunt of the blame. And it was specified in the complaint that he was responsible for some of what went wrong.