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In SDNY Fraud Prosecution About Brixmor REIT Pushed Back to 2021 Amid COVID Doubt

By Matthew Russell Lee, Patreon
BBC - Decrypt - LightRead - Honduras - Source

SDNY COURTHOUSE, April 14 –     On April 14 amid much uncertainty U.S. District Court for the Southern District of New York Chief Judge Colleen McMahon picked a date for the trial of Michael Papagallo and Michael Carroll on securities fraud charges.

 Defendants are charged with manipulating metrics in filings of Brixmor REIT, including "engaging in 'cookie jar' accounting by illicitly storing certain income when it should have been immediately recognized."

    Dates in 2021 were suggested; Judge McMahon replied that If we're in the soup again it will be next winter.

       Assistant US Attorney said there is no way to know when the courts will get back in action for real.

     Chief Judge McMahon (with a laugh) Ask your boss!  Inner City Press will continued to cover the case. It is US v. Carroll, et al., 19-cr-545 (McMahon). 

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