It gets worse for Ronin Capital Management, how does John Stafford and Steve White continue to bring on pawns to scrub the shares of stocks as they seem to be doing with Avid Bioservices CDMO now?
J Brian Schaer has been knee deep in trading scheme troubles for a LONG time, starting as far back as 1991
Do shareholders of Peregrine PPHM now Avid Bioservices CDMO have their best interest while John Stafford / Steve White and J Brian Schaer flip flop shares around and would they still be up to their old tricks?
My prior post already shows the more recent nefarious trading and below we can further expand and I am sure the SEC will get many complaints in regards to the possible continued trading violations surrounding Ronin Capital Management?
J Brian Day trading practices were well known it seems and I guess this speaks volumes for how Stafford wants to undercut the value of the IP assets and he wanted the IP out the door and his guys have not been able to even break stride, unless it is Brian Weston (ex Black Rock now working with Ronin Capital along side with J Brian Schaer. Hopefully many more complaints are sent out to SEC to CLOSELY MONITOR PA's and present trading of CDMO.
The CFTC charged the four at the CBOT-Wayne I. Elliott of Chicago, Francis Maritote of Oak Park, J. Brian Schaer of Winnetka and Jonathan A. Sion of Riverside-with violating CFTC regulations on 32 occasions on eight days in February and March 1991.
Wayne I. Elliott, Francis Maritote, J. Brian Schaer and Jonathan A. Sion, Petitioners, v. Commodity Futures Trading Commission, Respondent, 202 F.3d 926 (7th Cir. 2000)
Argued September 28, 1998Decided February 3, 2000
.. .. The Commission says the circumstances here support an inference of non-competitive and pre-arranged, and therefore illegal, trading. Wayne Elliott, Francis Maritote, J. Brian Schaer and Jonathan A. Sion (the petitioners) disagree, as did an ALJ who heard the case in the first instance. The CFTC reversed the ALJ, finding against the petitioners, who now seek our review. Because the Commission is presumptively better able to weigh the relative strengths of the competing inferences and because its conclusion is reasonable, we affirm its order granting the enforcement action. .. ..