Former CEO and President of Corporation Charged in $41M Securities Fraud (Pump and Dump), Facing 8-10 Years Imprisonment, Sentence: PROBATION

U.S.A. v. John Doe, (D.C. Pa) - A former CEO and President of a Corporation was charged in a $41 million dollar 鈥淧ump and Dump鈥� securities fraud scheme. Following his guilty plea, the defendant was facing 8-10 years imprisonment. Ms. Lefeber successfully argued changes in the law, the disparate impact of the sentencing guidelines upon codefendants鈥� plea agreements and sentences and other mitigating factors involving the defendant鈥檚 extraordinary charitable activities throughout his lifetime to convince the Court to reduce the sentence to 5 years鈥� PROBATION.