The Charlotte Observer is reporting there will be no early indictment for Patrick Cannon in the corruption and bribery case against him after his attorney, James Ferguson, waived Cannon's preliminary hearing. Experts are quoted saying this may indicate he is in plea negotiations.
Cannon remained free Monday on an unsecured $25,000 bond. The office of U.S. Attorney Anne Tompkins says the investigation continues.
Experts say the delay of an indictment could signal that plea discussions are imminent.
“Once that (indictment) happens, the opportunity for flexibility is greatly reduced,” said James Wyatt, a prominent Charlotte defense attorney.
I wonder if the location of the current grand jury may have anything to do with it.
The Western District of North Carolina, which Tompkins represents, has two federal grand juries hearing cases throughout the year, and either could get Cannon’s case. One meets in Asheville on Tuesday. The other, in Charlotte, reconvenes April 15. It remained unclear Monday when or if Cannon’s case will be heard.