Newswire

SEC: SEC Fires Another Official



SEC Fires Another Official: As the SEC continues to monitor a federal probe involving a former conference referee, conference officials fired referee Kerry Sitton. The U.S. Securities and Exchange Commission discovered a plot involving dozens of people and businesses that duped investors to the tune of nearly $400 million. The investigation has linked Sitton to other malfeasants. Travis Correll, named by the federal SEC in a lawsuit produced by the investigation, resigned from the conference. Conference leaders then fired John Guthrie, the SEC’s supervisor of basketball officials, and gave referee Jason McNeil his walking papers. [1/27/06]

Leave a Comment

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.