The ABC Board of Directors’ Conflict of Interest With Its Membership

In a previous article I wrote about a letter sent by the ABC District 2018 BOD Chair Pr Kubke to the ABC District membership. Something about the letter got me thinking so I went back and reviewed some of the 2015 ABC District BOD's actions and compared them with the letter Pr Kubke sent.  I... Continue Reading →

ASC orders Calgary man to repay $3.2M

Misled investors? Check. Unlawfully sold investments? Check. Squandered investors money? Check. Wasted the life savings of elderly retirees? Check. No, I'm not talking about the ABC District CEF/DIL yet - but their day is coming. This is the case of Vernon Ray Fauth who was convicted of multiple securities violation by the ASC. The ASC... Continue Reading →

CEF/DIL: ASC vs LCC et al

Last August 2018 the ASC held a meeting to determine the date for the hearing to consider the case against the various respondents. In Jan 2019 counsel for the respondents and some non-party people defending against a representative action tried to delay the case and were turned down. A little while later counsel for the respondents appealed... Continue Reading →

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