DoJ sets April 20 deadline for Villar Land executives’ rebuttals - BusinessWorld Online

DoJ sets April 20 deadline for Villar Land executives’ rebuttals - BusinessWorld Online

THE Department of Justice (DoJ) has directed executives of Villar Land Holdings Corp. to submit their formal rebuttals by April 20 following the first preliminary investigation hearing into allegations of market manipulation, insider trading, and misleading disclosures. During a session held on Monday afternoon, a DoJ panel of prosecutors gave the respondents until April 20 to file their counter-affidavits on the complaint filed by the Securitie…

DOJ rejects Villars’ plea to return complaints to SEC

By Benjamin Pulta PRELIMINARY PROBE. Securities and Exchange Commission officials Philbert Flores and Jonathan Pancracius swore in to the complaint during the preliminary investigation into the Villar Land’s insider trading and stock manipulation case complaints at the Department of Justice on Monday (March 16, 2026). The panel of prosecutors granted the Villars’ request for a deadline extension until April 20 to refute charges. (PNA photo by Be…