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To: Ward Nicholson who wrote (40800)2/20/2000 2:30:00 AM
From: Ward Nicholson  Read Replies (1) | Respond to of 99985
 
P.S. Here's the chart of that last play...

bigcharts.com

WN



To: Ward Nicholson who wrote (40800)2/20/2000 1:06:00 PM
From: Hawkmoon  Respond to of 99985
 
Actually, George wasn't convicted, but pled essentially "no contest", neither admitting or denying guilt, promised not to violate Sections 10b or 17B of the '34 securities act, and paid fines and disgorgement.

If he have been "convicted" of fraud, that would have been a criminal matter and he would have done jail time.

The SEC files civil cases, and if they feel they have the goods, they refer the case to DOJ for criminal prosecution.

He never admitted guilt, nor faced criminal charges. He was sued in Federal Court as a civil case under different rules based upon the preponderance of the evidence.

Just trying to maintain accuracy here.

Regards,

Ron