On January 9th, the day before a scheduled trial to determine monetary relief, the SEC and Steve Chen attended a settlement conference. A settlement was reached, pending formal approval by the Commission (SEC attorneys can’t accept a settlement agreement of their own accord). Unfortunately Commission approval of the settlement is anticipated to take “approximately six weeks”. [Continue reading...]
Source: $145.4 million USFIA settlement reached, pending approval
Read the full article and join in the discussion over at BehindMLM.
Read the full article and join in the discussion over at BehindMLM.