Posted On: 01/23/2013 11:17:33 AM
Post# of 43066
| To: donpat who wrote ( 24699 ) | 5/20/2012 12:47:28 PM |
| From: scion | Read Replies (1) of 30933 |
| If the changes in nominal leadership are an attempt to lessen the likely result of the SEC lawsuit, then it's a forlorn hope. Changing title does not alter the fact that he was CEO of JBII Inc, and the charges are made against JBI, Bordynuik and Baldwin. I don't expect any significant change in direction because of Rauber's appointment as CEO; Bordynuik is still the controlling shareholder. I do not see the SEC lawsuit being dropped, but instead I expect to see an amended complaint. | |
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