Faith Sloan’s TelexFree trial delayed till March 25th
Faith Sloan, the last remaining TelexFree defendant, was scheduled to face trial on February 11th.
The SEC allege Sloan stole over a million dollars from TelexFree victims.
Unfortunately due to Donald Trump’s ongoing government shutdown, Sloan’s trial has now been delayed until the end of March.
In a motion filed on January 7th, the SEC wrote;
The undersigned counsel for Plaintiff Securities and Exchange Commission have been furloughed as of December 27, 2018 due to a lapse in agency appropriations.
The undersigned counsel will be prohibited by law from working unless and until the furlough ends or she is excepted from the furlough.
In addition, the vast majority of the Commission’s staff is also furloughed making it impossible for approval of any resolution of this case short of trial.
The Commission requests that the final trial conference be rescheduled for March 21, 2019 and for the trial to be scheduled on March 26, 2019.
Sloan’s attorney did not oppose the motion, which was granted on January 11th.
Pending resolution of the government shutdown, Sloan’s trial will now take place on March 26th.
The SEC also has an outstanding motion for partial judgment, which has yet to be ruled on. If granted, the SEC believes there won’t be need for a trial.
With no end in sight, it’s good to see some judges are being reasonable about Trump’s shutdown.
Spare a thought for the FTC, who were recently ordered to continue the MOBE case without attorneys.
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Hope this does not affect the hope people have as far as distribution is concerned! Thank you!