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Des Moines, IA - Independent Investigation: Husband Of Rubashkin Judge Bought Prison Stocks Days Before Agriprocessors Raid

Published on: August 24, 2017 06:19 PM
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Des Moines, IA - In a stunning development, an independent investigation revealed that the husband of the Iowa judge who slapped Sholom Mordechai Rubashkin with an unusually lengthy prison sentence may have profited personally from the federal raid at the Agriprocessors processing plant in May 2008.

The investigation was initiated at the request of former Deputy Attorney General Philip Heyman and revealed that Michael Figenshaw, the husband of Judge Linda Reade, owned stock in two private prison companies, adding additional stock in the companies to his investment portfolio just five days before the raid, reported Mother Jones (http://bit.ly/2ivnOOQ). 

Heyman is one of more than 100 prominent names in the legal world that have called for Rubashkin’s release as previously reported on VIN News (http://bit.ly/2gwMZuo).

Close to 400 undocumented immigrant workers were arrested in the raid and taken to a local fairgrounds where they were held in a nearby gym until they could be tried in makeshift courtrooms by a group of federal judges which included Judge Reade.

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While illegal immigrants captured in a raid are typically deported to their countries of origin, approximately 270 of those captures in the Agriprocessors raid were sentenced to five months in prison after being charged with criminal fraud.

The hearings took place in trailers and a dance hall set up at the fairgrounds over a period of nine business days and one interpreter who participated in the hearings said that most of those captured in the raid spoke only Spanish and were persuaded to plead guilty.

At the time, California Congresswoman Zoe Lofgren likened the proceedings to “a cattle auction, not a criminal prosecution in the United States of America.”

According to Reade’s financial disclosure forms, Figenshaw bought $30,000 to $100,000 worth of prison stock just before the raid, selling it five months later when its value had risen to $65,000 to $150,000.

The prison shares were the only stock purchased by Reade or her husband in May 2008, although Figenshaw later made additional investments in private prisons. 

By the time Figenshaw divested himself of all of his prison shares, Judge Reade had ruled on more than 100 cases of illegal immigrants in addition to those captured in the Agriprocessors raid.

Ruling on any case could potentially profit her husband should have posed a conflict of interest for Reade according to Professor Charles Gardner Geyh of the Indiant University Maurer School of Law.

“I am uneasy about the perception problem created when a judge may be financially bested in more people going to prison when she has defendants coming before her for sentencing every week,” said Gardner Geyh. 

In fact, Reade’s involvement may have violated the Code of Conduct for United States Judges and Heyman expressed his own concerns about Reade’s rulings, saying “A judge is supposed to have no financial incentives that could affect or might appear to affect her actions in any substantial way.”

In is unclear at this time where defendants who were sentenced by Reade to jail served their time.

Having learned of Figenshaw’s investments, Rubashkin’s lawyers are hoping to bring these latest developments back to the court in an attempt to free their client who has more than twenty years left on his federal sentence.

“I don’t think a judge who handles criminal cases should ever be buying and selling stocks in private prisons,” noted ethics expert Richard Flamm. “And of course, if her spouse does, it is essentially the same thing.”



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Read Comments (14)  —  Post Yours »

1

 Aug 24, 2017 at 06:42 PM Maven Says:

What else is news.
It is without a doubt Rubashkins stiff sentence has "something" to do with being "that jew from Brooklyn".

We must pray for our fellow Jews who are nebech in prison for so long to get out very quickly back to their families.

2

 Aug 24, 2017 at 06:52 PM ConcernedMember Says:

The amount of corruption in this case is staggering, even to those unfamiliar with any of these legal concepts. It's time for this case to be reviewed (by someone other than the same crooked judge) so that the truth can come out. The Rubashkin case is a mockery of the justice system. Reade belongs off the bench and in a cell.

3

 Aug 24, 2017 at 08:00 PM Frish Says:

I'm ordering a caterer for the big party we will thru once this low life scum subhuman judge is put in solitary confinement till she dies a slow agonizing death g-d willing

4

 Aug 24, 2017 at 08:37 PM Anonymous Says:

Reply to #1  
Maven Says:

What else is news.
It is without a doubt Rubashkins stiff sentence has "something" to do with being "that jew from Brooklyn".

We must pray for our fellow Jews who are nebech in prison for so long to get out very quickly back to their families.

"That jew from Brooklyn" Brooklyn? like sanctuary city where jews,muslims,blacks,mexicans etc live together and protected "Sanctuary". One more reason never to vote Republican again, They are from Iowa,NoDakota,Louisiana,Wyoming etc where we are "the jew from Brooklyn" We have nothing in common. They hate us. "Jews will never replace us" is their motto.

6

 Aug 24, 2017 at 09:34 PM Frish Says:

I've long thought u to be this camaflouged Jew haters. But yes ur invited to visit her rot like the pig she is

7

 Aug 24, 2017 at 09:35 PM Normal Says:

Reply to #3  
Frish Says:

I'm ordering a caterer for the big party we will thru once this low life scum subhuman judge is put in solitary confinement till she dies a slow agonizing death g-d willing

To put slow agonizing death together with Gd willing, is pretty disgusting. Grow up a little.

8

 Aug 24, 2017 at 09:42 PM Anonymous Says:

Ur right. Such evil language shld not grace a Jews lips. We can beg for these incarcerated people but cannot engage in cursing. Think what u want but watch ur tongue.

9

 Aug 24, 2017 at 09:38 PM Educated Archy Says:

Reply to #4  
Anonymous Says:

"That jew from Brooklyn" Brooklyn? like sanctuary city where jews,muslims,blacks,mexicans etc live together and protected "Sanctuary". One more reason never to vote Republican again, They are from Iowa,NoDakota,Louisiana,Wyoming etc where we are "the jew from Brooklyn" We have nothing in common. They hate us. "Jews will never replace us" is their motto.

Valid point re Mexicans blacks Latinos and sanctuary cities ( although I still think republicans better serve frum Jewish interests ) however there ain't nothing to be proud about the Muslim part . It's sad that NYC is nice to those animals . Stopping to racail profile mosques after such a severe heinous crime like 9/11 and after these animals are running amock all over Europe is a terrible idea . It's a shame that we don't stand a chance to push de blassio out this upcoming election.
But let me repeat being kind to blacks and Latinos is a good thing .

10

 Aug 25, 2017 at 12:48 AM SMR Supporter Says:

To posters 1 & 2- you said it right. This woman is corrupt and prejudiced to her core & had there been a different Administration, I think the sentence would have been tossed by the AG. Remember, prosecutors asked for 6 years & THEY were shocked.

Now there's a new sheriff in town but still no action on getting SMR out of jail. What holds does this woman have? Who would she expose if she lost? Yes, I believe it's antisemitism, but as time - and evidence- marches on, I'm more convinced there's something else behind this miscarriage of justice.

And to the other posters... save & use your fury at #3 to help the campaign. #3 is an idiot & irrelevant.

11

 Aug 25, 2017 at 10:02 AM AmYisroel Says:

you mean we should support the democrats
who support bds
who support the attacks on Jews by palestianian terrorist supporters on campuses nationwide
who support blm who chant "from the river to the sea palestine will be free"
who support giving billions of dollars to iran while acknowledging that it will be used to fund terrorism against Israel
who condemn Israel for defending themselves against terrorists
who cross out Israel when the president visits Jerusalem

12

 Aug 25, 2017 at 10:36 AM Anonymous Says:

Reply to #7  
Normal Says:

To put slow agonizing death together with Gd willing, is pretty disgusting. Grow up a little.

It seems VIN feels that comment #3 is appropriate because it hasn't been removed as inappropriate.

13

 Aug 25, 2017 at 11:43 AM Educated Archy Says:

Reply to #11  
AmYisroel Says:

you mean we should support the democrats
who support bds
who support the attacks on Jews by palestianian terrorist supporters on campuses nationwide
who support blm who chant "from the river to the sea palestine will be free"
who support giving billions of dollars to iran while acknowledging that it will be used to fund terrorism against Israel
who condemn Israel for defending themselves against terrorists
who cross out Israel when the president visits Jerusalem

Let me add to the list. Under democrats,
1) Ateres Avrham can get sued if they deny a gay couple the right to make a chasna there
2) Coming soon, all schools and public places, I.E. shuls will be required to have transgender bathrooms.
3 Coming soon, )Schools will have to provide an education in LGBT rights
4) Forget about school vouchers. In Milwaukee under republican governor Scott Walker, jewish schools are free thanks to vouchers.
5) High property taxes due to the high tax belief.

14

 Aug 25, 2017 at 02:01 PM chan7843 Says:

and let's not forget the Iran agreement that will Chas Vesholom end up like the North Korea agreement signed by former President Clinton.

15

 Aug 29, 2017 at 06:59 PM AnaMcCarthy Says:

ERRORS
During the cattle ranch trial a Supreme Court Rule Immigration rule was violated. Only one of the 397 detained had a social security matched a real social security number. Therefore only ONE person should had been charged. The rest were puns moved at the disposal against Rubashkin (whom btw asked the Social Security, without avail, for the list of employees whose names didn't match. SSA reported to USCIS in an unprecedented manner).

16

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