We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

More Former Expanets Execs Accused Of Fraud

Law360 (July 25, 2007, 12:00 AM EDT) -- Two former officers of a subsidiary of utility NorthWestern Corp. have been accused by the U.S. Securities and Exchange Commission of overstating the financial performance of the company.

The suits, which were filed in the U.S. District Court for the District of Colorado, accuse John C. Charters and Richard E. Fresia, the former CEO and CFO respectively of the subsidiary, Expanets Inc., of financial and disclosure fraud.

Charters settled with the SEC without admitting or denying the allegations, as is standard. He is permanently enjoined from...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.