Proposed CEO18 Jul 2023 23:01
Whatever you think about BT - no wrongdoing has been proved. The proposed new CEO has actually been convicted!
This would be the biggest case of Turkeys voting for Christmas.
“ The court ultimately issued a judgement against Mr Moeller and the other defendants earlier this year. On 1 March 2023, the court ordered Mr Moeller, including his companies BIA and Growthworks, to pay Red Wolf a total of USD 1.4 million in settlement over the course of 26 years. Mr Moeller and his businesses were also barred from operating any electricity trading activity for one year, but were barred for three years in California. In delivering his judgment, the presiding judge made the following comments:
“….. this case has generated more meritorious motions to compel and for sanctions against defendants for failure to produce documents than any other case in which this court has presided in more than 37 years. Defendants’ repeated misconduct occurred despite two orders to review their document production …..”,
“This misconduct was extreme. The fact that it continued after stern warnings from the court exacerbates it.”, “Both of Moeller’s claims to have supplemented defendants’ production of documents as required by Rule 26 (e) proved to be untrue.”