Monday, June 15th, 2009
I received this letter from Shire indicating that Shire and the ASC agreed to a new hearing date. I called the Alberta Securities Commission to get the facts regarding the delay.
Tuesday, June 16th, 2009
I missed the phone call from the ASC but this is what I was told about the hearing on my voice mail:
The hearing for Shire has been cancelled. A cease trade order has now been put into effect and will remain in effect until such time the allegations are dealt with. And both sides have agreed to wave the hearing regarding this matter and proceed directly to a cease trade order.
