The attorneys for Bill Stenger, who was implicated in a securities fraud scheme at Jay Peak and Burke Mountain Resort with his business partner Ariel Quiros, have asked a federal judge in Florida for more time to respond to the Securities Exchange Commission complaint.
The SEC does not oppose Stenger’s motion, the third such motion since the SEC case was brought in federal court in mid-April, the record shows.
In an Aug. 18 motion, Stenger’s legal team asked for the response deadline to be extended to Sept. 9.
The SEC first filed its case against Quiros, who is accused of being the mastermind of a Ponzi-like scheme through eight partnerships, mainly based at Jay Peak Resort and related projects, but also including Burke Mountain Resort, on April 11.
The SEC filed an amended complaint about a month later, on May 17, in the case.
Stenger had earlier been granted an extension in late June, to file his response by Aug. 19, last Friday.
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