Two former directors of failed finance company OPI Pacific Finance (formerly MFS) have pleaded guilty to charges of making untrue statements.
Mark Lawrence Lacy and Jason Robert Duncan Maywald have pleaded guilty to two charges under the Securities Act. The charges relate to a registered prospectus and an advertisement distributed in 2007
The trial of the remaining defendants, who are also former directors of OPI, David Mark Anderson and Craig Robert White, is scheduled to start on October 5.
Lacy and Maywald will be sentenced on September 18.
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