Update: Review granted in Grace Kelson appeal

In August 2012, the Utah Court of Appeals vacated Grace Kelson’s conviction on one count of violating the Utah Pattern of Unlawful Activity Act, because there was insufficient “continuity” in her allegedly unlawful activities.  (The activities did not occur over an extended period of time, and ended before she was charged.)  The court also reversed convictions and remanded for a new trial on one count of offer or sale of unregistered securities, one count of sale by an unlicensed broker‐dealer, agent, or investment advisor, three counts of securities fraud.

Update:  On January 14, 2013, the Utah Supreme Court granted certiorari in the case, agreeing to review the Court of Appeals’ opinion.