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roheex

05/15/08 2:38 PM

#157466 RE: Hunter6110 #157464

the motion to default still stands, there has been no decision yet.

i think thats what you mean.
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Investorman

05/15/08 9:06 PM

#157470 RE: Hunter6110 #157464

The current case is a civil suit. A Grand Jury is not involved. Grand Juries are used to bring criminal charges. A person cannot be "found guilty" in a civil case. If the court upholds the default then the judge will rule for the SEC. Whichever way it goes, there are no charges associated with it and RPH cannot be "found guilty or not guilty."

No criminal charges have been filed at this point.