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Steady_T

10/17/13 11:15 AM

#246896 RE: loanranger #246895

Bullshit.

Just as in the Cuban case, the SEC presents one side of the case in the filings. JBI filed a response that countered the SEC allegations. Unlike Cuban, JBI didn't have the deep pockets it takes to go to court where BOTH sides are considered.

A business decision was made to settle.

A settlement where the language is quite clear about neither admitting or denying the charges.