EVANSVILLE, Ind.—Former Lucent Polymers Inc. executives Jason Jimerson and Kevin Kuhnash are scheduled to stand trial on fraud-related charges May 11 in U.S. District Court in Evansville.
Jimerson and Kuhnash were charged in February 2019 with fraud in relation to the sale of plastics compounder Lucent to Citadel Plastics, which was then sold to A. Schulman Inc., which now is owned by LyondellBasell Industries.
The former executives were indicted by a federal grand jury on the fraud charges and also charged with fraud by the U.S. Securities & Exchange Commission.
A trial originally was scheduled for May 2019, but attorneys for the defendants asked for a later trial date in order to prepare.
"Discovery in this matter is voluminous," the attorneys said in a court filing. "The government has produced to date nearly 1 terabyte of electronic material."