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Comment by posixplz

A permanent injunction is a pretty big deal. I didn't want to spend the time finding the actual court filing corresponding to this press release, but 99% of the time, a "permanent injunction" in this context means a lifetime ban from the sale or offering of securities. Not such a big deal for the average Joe Sixpack, but in tech, where we're often paid in RSUs, options, and grants, it's a huge deal. Plus, there's the felony criminal record that will dissuade employers that aren't publicly traded.
parent posixplz 8 years ago

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