There’s no question that Gary Prince is a convicted securities felon, a title his lawyers say was never a secret at the Maryland-based satellite systems company where he worked for many years in different positions. The U.S. Securities and Exchange Commission alleges that Prince was also a corporate officer at the time — a claim his attorneys deny.
The substance of Prince’s role at Integral Systems Inc. is the centerpiece of a long-running SEC investigation and prosecution in Washington. In 2009, the agency filed civil charges built on the premise that senior Integral officers omitted Prince’s name and legal background from regulatory filings to deceive investors.
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