Chapter 19 - Octavia’s financial charge

Prosecutors eventually charged Octavia with one felony fraud count tied specifically to the Halberd investment.
Not:
Stealing $38 million.
She had not.
Not:
Forging Victor’s will.
There was no will involved.
Not:
Trying to steal Betsy’s inheritance.
Again, wrong mechanism.
Charge theory:
She knowingly used a falsified founder-succession memorandum as a material representation to secure investment terms benefiting her partnership.
Defense argued:
Halberd would have invested anyway.
Potentially relevant to damages.
Less persuasive on whether representation was false.
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The case moved toward trial.
Then settlement discussions began.