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The suspense and wait continues – Scott London sentencing for insider trading rescheduled from February 27 to April 21

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Since there has been so much traffic today checking out posts about the scheduled date for Scott London’s sentencing for his admitted insider trading (thank you for the mention, Going Concern!), I thought to check the federal document system before turning in for the night.

Guess what I found?

The sentencing has been continued from February 27 to April 21.

Previously mentioned there were four documents filed under seal.

As of yesterday morning, all four entries had a date of 2/18/2014 and said:

SEALED DOCUMENT- Under Seal Document (mat) (Entered: 02/19/2014)

When I looked a few minutes ago, item #45 still had a date of 2/18/2014 but the comment has been changed.  It now reads:

SEALED DOCUMENT- Under Seal Document – Sentencing hearing set for 02/27/14, continued to 04/21/14 at 8:00 a.m. (mat) Modified on 2/24/2014 (jag). (Entered: 02/19/2014)

That means the sentencing which had previously been scheduled for February 27 has now been moved to April 21, 2014.

Everyone who had been looking forward to a generous serving of popcorn and schadenfreude on Thursday will have to wait another 2 months. 

Update:  According to the comments on the docket, sentencing has been continued to the following dates: 10/21/13, 12/9/13, 1/27/14, 2/6/14, 2/27/14, 4/21/14.

Other tidbits: Passport was surrendered on 4/17/13. Turned in $50K on 4/19/13, which is presumably the estimated proceeds of the then-alleged insider trading.

Written by Jim Ulvog

February 25, 2014, 23:15 pm at 11:15 pm

Posted in Audits

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