Goes without saying he will be barred from serving as an officer or director of a public company. I don't think you are aware, as of very recently, he is not allowed to practice in the field of securities any longer, for starters. Has no more public company clients and is not allowed to have any. The former CEO of Gold Standard is already barred from serving as an officer or director of a public company and they already agreed to a civil judgment at this early stage if you read the court filings.
A criminal action is guaranteed also against the accountant.
I personally would not want to see that but you can take it to the bank that prosecutors have an open and shut case, they have all the evidence and the witnesses and there is no reason why they won't move forward. Because it's white collar? Why wouldn't they?? To be nice, or they don't feel like it??
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