DALLAS — William David Grammer and Sue Ellen Allen pleaded innocent Thursday to multiple charges of fraud and unregistered securities in connection with Sue Ellen Inc., the Tempe, Ariz., jewelry company they founded in 1988.
Sue Ellen, which wholesaled British-made fashion jewelry, filed a Chapter 7 bankruptcy petition last year.
At the arraignment in Arizona’s Maricopa County Superior Court, it was determined that a public defender would be appointed for Grammer and Allen would be represented by a court-appointed attorney, according to Karen Silva, assistant director for the Securities Division of the Arizona Corporation Commission.
The Securities Division conducted the 20-month investigation that led to the indictments last month. Grammer and Allen, who are married, did not return phone calls seeking comment.
As reported, the indictment alleges that Grammer defrauded 29 victims out of more than $1.3 million, and that Allen was involved in defrauding 11 of those investors out of more than $860,000.
A case trial for Grammer and Allen was scheduled for Jan. 3. The prosecution and defense are expected then to present facts pertaining to the case.