According to the SEC order, Landress directed SLRA to withdraw 16.25 million pounds from the funds in early 2014, purportedly as payment for several years of services provided by an affiliate. He subsequently transferred the money to his personal account. SLRA and Landress did not disclose the related party transaction and the resulting conflicts of interest until after the money had been withdrawn..
The follow up to Olympus’ E 420 is the E 450 (approximately $700 retail) set to be released next month. While Olympus is toting this model as a great improvement over the E 420, the two cameras are basically the same, which isn’t necessarily a bad thing. The E 420 was and is a solid camera, and Olympus had a tough time trying to find any place where improvements were needed..
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