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Bullboard - Stock Discussion Forum Aleafia Health Inc ALEAF

Aleafia Health Inc. is a Canada-based cannabis company. The Company offers cannabis products in Canada and destined for international markets, including Australia and Germany. The Company operates a virtual medical cannabis clinic staffed by physicians and nurse practitioners, which provide health and wellness services across Canada. It owns three licensed cannabis production facilities and... see more

GREY:ALEAF - Post Discussion

Aleafia Health Inc > Bad seed rad get security fraud conviction
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Post by ST0PTHEMADNESS on Feb 18, 2023 9:20am

Bad seed rad get security fraud conviction

THIRD CIRCUIT REJECTS CLAIMS OF BRADY VIOLATION AND AFFIRMS SECURITIES FRAUD CONVICTION

 

 By James Kraus posted 03-15-2021 09:22
   
 
 
 

On February 17, 2021, the Third Circuit affirmed Rad's conviction of securities fraud, rejecting his claims that the prosecution had withheld evidence regarding one of its key witnesses at his trial.  The Court’s non-precedential decision affirms the District Court of New Jersey’s denial of Rad’s motion to vacate his conviction and sentence under 28 U.S.C. §2255.  Although the Court initially granted Rad’s application for a certificate of appealability, it ultimately found that even if the government had failed to disclose prior statements by one of its key witnesses, the evidence was not material. 

In reaching its decision the Court applied the 3rd Circuit standard that a Brady violation occurs when a prosecutor suppresses evidence that is both favorable to the accused and material to the outcome of the trial, citing Dennis v. Sec’y Pa. Dep’t of Corr., 834 F.3d 263, 284-85 (3rd Cir. 2016) (en banc).  Here it found that Rad’s claim failed to meet the standard for materiality, which requires a reasonable probability that the disclosure of the disputed evidence would have produced a different result.  As a result, it refused to vacate Rad’s conviction and 71 month prison sentence

Comment by VentureCatalyst on Feb 18, 2023 9:36am
Posted a similar link. It was posted on many other boards that he was convicted. 
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