THE SEC DOESN'T GET IT...WE WANT LIFETIME BANS for the corrupt
LIFETIME BANS...INSTEAD we get..come on back when the dust settles...perfect scenario is the BOD is a vigalante group and starts giving justice to their share holders if the SEC can't....
They don't get it we get it the brass on top wants you to allow the corruption to go on...well than we need to EXPOSE THE BRASS ON TOP..don't you have a civic duty and sense of honor and justice to report and expose such men and women in power?
Is what so many joined the FBI, The SEC, HOMELAND SECURITY, Secret Service to be puppets of such men and women in power, whose families and legacies have betrayed the US Citizen for centuries? Rise.
"Four California Residents - SEC filed charges against the individuals behind a $12 million insider trading scheme involving trading in Ross Stores stock options based on nonpublic information about monthly sales results leaked by one of the retailer's employees. (6/13/14)
Vitamin Company Former Board Member - SEC charged Glenn Cohen and others in his family circle with insider trading for $175,000 in illicit profits ahead of NBTY's sale to a private equity firm. They agreed to pay $500,000 to settle the charges. (5/22/14)
Two Clinical Drug Trial Doctors - SEC charged Dr. Franklin M. Chu and Dr. Daniel J. Lama with illegally trading on inside knowledge that the FDA had halted the clinical trials of a new prostate cancer drug. They made more than $45,000 in illicit profits from their alleged insider trading, and agreed to settle the SEC's charges by paying a combined total of $116,864. (5/19/14) "
DId he just steal millions and get a 14day no trading ruling?
"The Securities and Exchange Commission announced today that the Honorable Paul A. Crotty of the United States District Court for the Southern District of New York entered a final judgment on July 8, 2014, against defendant John Babikian in the Commission action styled, SEC v. John Babikian, Civil Action No. 14-CV-1740 (S.D.N.Y.). The Court entered the final judgment, to which Babikian consented without admitting or denying the allegations in the Commission's Complaint. The final judgment orders Babikian to pay a total of $3,730,000, comprised of $1,915,670 in disgorgement, together with prejudgment interest in the amount of $128,073, and a civil penalty in the amount of $1,686,257. The final judgment also imposes a bar from participating in any offering of penny stock and enjoins Babikian from recommending, directly or indirectly, the purchase of any U.S. publicly traded or quoted stock without simultaneously disclosing any plans or intentions to sell such stock within 14 days of the recommendation."