WASHINGTON — Sentencing for convicted bid-rigger David Rubin has been pushed back until March 6 because his attorney will not be able to be present during the previously scheduled Feb. 3 date.
Rubin, who founded investment agreement broker CDR Financial Products, Inc., entered into a plea agreement in January 2012 to three criminal counts for his role in the bid-rigging scheme.
The counts were conspiracy to allocate and rig bids for investment agreements or other municipal finance contracts, defrauding muni issuers and the Internal Revenue Service, and wire fraud. Rubin's sentencing date has been pushed back multiple times already from an original date of April 27, 2012.
"The reason for this request is that I have a family medical emergency which will interfere with my ability to be present on the currently scheduled court date," attorney Bradley Simon of Simon & Partners LLP wrote to U.S. district judge Kimba Wood. I have spoken with Rebecca Meiklejohn, the lead prosecutor in the case, who has no objection to this request."
Simon's letter requests a shorter delay to Feb. 10, but adds that the week of March 3 would work as an alternate window.
Rubin's attorneys had previously asked for a sentencing delay so they could review a lengthy pre-sentencing report prepared by the probation office which includes personal and background information about the defendant that a judge might take into account when deciding how heavy a punishment to give out. Justice Department lawyers had previously requested a delay of Rubin's sentencing while they worked on the possibility of his cooperation against other defendants.
