An April 26 hearing date has been set in the administrative case against former Polson businessmen Keith Kovick and Robert Congdon.
The state has investigated the men since the fall of 2008 for their alleged involvement in a securities fraud scheme and violating several portions of the Montana Securities Act. Among the allegations is that the pair conducted a Ponzi scheme, which involved more than 100 investors and up to $14.3 million.
The men ran Cornerstone Financial Corp. and K and B Investments out of Polson.
The hearing will run through April 30 at the Missoula County Courthouse. A prehearing telephone conference has been set for April 22.
Originally scheduled for Jan. 25-29, the hearing has been moved several times.
The hearing is open to the public and will allow all parties to examine evidence, witnesses and to present evidence.
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