Financial Expert Testifies Against Former Executive

A St. George, UT, businessman accused of illegally selling securities in a now-bankrupt Ogden company had the ability to recognize the falseness of statements he allegedly made to investors says a former state investigator.  Former state Division of Securities investigator Jared Parrish, who now works as an investigator in a separate lawsuit filed against Hammons by the SEC, testified as an investment expert and reviewed public documents surrounding a series of VesCor transactions.

William “Bill” Hammons, owner of Bill Hammons Investments and a former Sunbrook executive, is charged with 10 felonies stemming from adult abuse or exploitation to securities violations that include operating without a license as a result of his alleged efforts between 2004 and 2006 on behalf of VesCor Capital, in which he was also an investor.

Read more: the spectrum.com.

About Karen Olson

Information Professional with twenty years experience in legal, public record, and business research. Fifteen years law firm experience.

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