State v. Hurd, Unpublished Decision (5-4-1999)

I. INTRODUCTION

This case concerns an alleged scheme to defraud the investing public by Dublin Securities, Inc. ("DSI"), a now defunct intrastate penny stock dealer; DSI's affiliate, Dublin Management, Inc. ("DMI"), also defunct; Clarence J. (a.k.a. "C.J." or "Red") Eyerman, deceased, the CEO and owner of DSI and controlling shareholder of DMI; Dwight I. Hurd, the principal attorney for DSI, DMI and Red Eyerman; David M. Carmichael, former Executive Vice President and Chief Financial Officer of DSI; Robert D. Hodge, DSI's Vice President and General Sales Manager; and Beth Eyerman, President of…