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bananas

(27,509 posts)
Mon Aug 13, 2012, 10:38 AM Aug 2012

Idaho Nuclear Developer's Lawyers Want Off SEC Case

http://magicvalley.com/news/local/idaho-nuclear-developer-s-lawyers-want-off-sec-case/article_0bd02654-593e-55fa-8a3b-9b54fe83b837.html

Idaho Nuclear Developer's Lawyers Want Off SEC Case
August 12, 2012 2:00 am

BOISE (AP) • A would-be Idaho nuclear developer hasn’t paid $700,000 in legal bills, according to a law firm that’s asking a federal judge for permission to withdraw from defending the company in the case being pursued by the U.S. Securities and Exchange Commission.

K&L Gates attorney Barry Hartman in Washington, D.C., told U.S. District Court Judge Edward Lodge this week that Alternate Energy Holdings Inc. hasn’t paid his firm’s bills since February.

<snip>

SEC lawyers allege Alternate Energy Holdings Inc. executives including Gillispie broke laws governing publicly traded companies by selling securities through unregistered, illegal transactions.

The company proposed to build a nuclear plant in Owyhee or Elmore counties in recent years before moving to a potential site in Payette County.

<snip>


Gillispie belongs in jail.

In 2008 he had a Democratic candidate arrested on trumped-up charges:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=115x157021

Then he filed a frivolous SLAPP lawsuit against environmentalist Andrea Shipley and the Snake River Alliance:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=115x185055

She was right - Gillespie IS a scammer:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4664217

Dec-17-10
Bogus! SEC Says of 'Nuclear Reactor'

Source: Courthouse News Service

A 67-year-old man and his 36-year-old sweetie bilked investors of millions of dollars for a bogus "multibillion-dollar nuclear reactor," that never existed and never will, the SEC says. It sued Donald Gillispie and Jennifer Ransom, top dogs at so-called Alternate Energy Holdings, in Federal Court.

<snip>


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Idaho Nuclear Developer's Lawyers Want Off SEC Case (Original Post) bananas Aug 2012 OP
........... Angry Dragon Aug 2012 #1
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