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Originally Posted by mountainstar
LET'S GET ONE THING STRAIGHT!
Mr. Kalkoven was never charged by any criminal court on any charges of either fraud or insider trading! He was a defendant in a CIVIL trial filed by a pension fund in Connecticut.
Using the same warped thinking on the part of some regarding civil cases I ask since Mr. Rahal has been sued by Mr. Sharp and vice versa, HOW MUCH JAIL TIME ARE THEY FACING!  |
"Four former executives — Kalkhoven and Jozef Straus, both former chief executives, and former Chief Financial Officer Anthony Muller and former Chief Operating Officer Charles Abbe — were accused of acting on that information and improperly unloading more than $500 million of their own stock in JDS Uniphase between 1999 and 2001."
http://www.hartfordbusiness.com/news3856.html
You are right, it was a civil court and I never said anything different.
He did spend a lot of money fighting this lawsuit and he has remained mum on champ cars for some time.
Maybe the hobby is not so much fun when it drains your wallet.