The SEC didn't need an admission of wrongdoing after levying a quarter million dollar fine (between the company and the former CEO) and having the former CEO kept from his position for 5 years. They got what they needed.

If the claims could have been fought they would have been. The only reason this didn't go to trial is because they could not risk the likely verdict.

Bu you keep right on insisting that no admission of guilt is the same as an exoneration. And I'll fight that ridiculous interpretation.