Replies to post #153833 on Conversion Solutions Holdings (fka CSHD)

[DownWithPumpers]

No, there's no trial (regarding the facts) because CSHD/Rufus never provided an answer to the complaint. There should just be a hearing to decide on punishment.

[mastaflash]

Evidence must be presented at hearing, and if judge so chooses, a trial by jury can be ordered. It all comes down to this: if the SEC has conclusive evidence of fraud, then RPH is screwed. If they don't, he's not. Nothing has changed really, it's all semantics. Bashers here are trying to make one believe RPH can be found guilty without benefit of seeing evidence against him, or presenting his own case. Innocent until proven guilty in a court of law, appears to mean nothing to them.

[janice shell]

Punishment hearing? Doesn't a trial come first?

No. The company didn't respond, so it's in default. Roofie moved to set aside his personal default, but the judge ruled against the motion.