With most of Kyleen Cane’s motions to sever her trial and dismiss counts against her denied, it seems she’s running out of options.
Involved in a scheme to manipulate trading in four microcap stocks between October 2012 and July 2014, trading patterns resembling illegal pump and dump strategies, Kyleen Cane and her associates’ backs are against the wall with time running out as the trial date nears.
Cane has submitted several last-ditch efforts to help in her case, including objecting to details of prior business dealings between Discala and Cane (citing an attorney-client relationship), arguing that the manipulation patterns of stock from other companies is irrelevant, denying that her direction of trading Cubed (one of the microcap companies) stock was legal, arguing for the admittion of additional intercepted calls and texts to paint the narrative her way, and wanting certain witness testimonies excluded, arguing they are mini-trials against her.20180109-us-attorney-memo-of-law-in-opp-canes-mtn-in-limine-hearsay
Despite her desperate tactics, the mountain of evidence weighs heavily against her, from her incriminating text messages and calls to her use of escrow accounts to misrepresent stock to her history of manipulating the stock price and volume of other companies not part of this case.
Cane’s best hope now is jury selection, of which she hopes her proposed questionnaire will help her get a favorable jury. Of note is the request for the addition of a question asking if the potential juror has had any prior negative experiences with an attorney (such as Cane) that would affect their ability to hear the case.
Even Cane knows dealing with attorneys like herself would leave a bad taste in people’s mouths.
Cane and her co-defendants go to trial on April 2nd, 2018.