News Focus
News Focus
icon url

steelyeye

10/17/13 1:56 PM

#246915 RE: BigBake1 #246912

Sorry, those kinds of boilerplate statements don't begin to explain why the chief investigating officer suddenly left the SEC in the middle of the case.

Maybe contact the Ontario commission, or the Alberta commission, or the dozens of locals who were interviewed by those Canadian regulators during the time that chief investigating officer got shit-canned.

There is a story there that explains much of the misguided SEC case, which ended with the mandatory ounce of flesh extracted.
icon url

Rawnoc

10/17/13 2:59 PM

#246924 RE: BigBake1 #246912

The rest from your link:

For all those reasons, the neither-admit-nor-deny settlement model would continue to be a “major, major tool” in the SEC’s arsenal, and will be applied in most cases, White said on Tuesday. But the SEC will make exceptions, she said.
Early last year, the SEC had tweaked its settlement model by mandating admissions in cases involving defendants who had already entered guilty pleas in related criminal settlements.
icon url

Steady_T

10/17/13 3:14 PM

#246928 RE: BigBake1 #246912

While you are posting about the SEC and the "certain types of settlements" is there anything to support the theory that JBI's case was one of those "Certain types". Is there any definition of what "certain types" of cases are?

Without definitions of the above, no speculation can be grounded in reality.