Guilty until proven innocent
Mr. Kennedy is a former Mormon bishop and mission president who defended himself for 5 years againts the S.E.C. which had pursued a securities fraud case against him. The S.E.C. recently decided to drop the charges.
What bothers me greatly is how his reputation was seriously tarnished to the point he states he felt he was abandoned by many friends, business associates and members of the Mormon community.
The Mormon community offered little support. “The vast majority thought that I did it,” he said.
Innocent until proven guilty is something we all ought to remember.
Sameer Shalaby, a TenFold founder who has since left the company and founded Paladyne Systems, a software company, unreservedly supported Mr. Kennedy. “Businesses succeed or fail, challenges come along, but this had nothing to do with fraud” he said. “This was a major business challenge. There was no lying or cheating or stealing.”
“I’ve never been able to get through to people, it’s not about calculating the best outcome,” Mr. Kennedy said. “It’s about right and wrong.” Source