Phillip Offill Jr. has refused to do work for some prospective clients — but maybe not enough of them.
“There are probably some I should have turned away that I didn’t,” says Offill.
The SEC filed a civil complaint against a former SEC lawyer in the U.S. District Court for the Eastern District of Michigan earlier this month, alleging that Phillip Offill Jr. controlled investment companies that made "sham" purchases of penny stock to help a Canadian-owned company avoid registration requirements with the SEC. Offill, who says he has not yet been served with the SEC's complaint nor hired a lawyer to defend himself, says, "I don't think I have anything to hide."
June 25, 2007 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
Phillip Offill Jr. has refused to do work for some prospective clients — but maybe not enough of them.
“There are probably some I should have turned away that I didn’t,” says Offill.
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