But founders don't need to issue Jubilee shares, now, thanks to the passage of the JOBS act. It's now much easier for founders to retain control: with the 500-shareholder rule no longer in effect, founders can simply elect to stay private indefinitely, with a right of first refusal on any share sales and essentially complete control over where, how, and even whether their stock is traded. Given the attractions of private markets and the new powerlessness of the SEC when it comes to requiring companies to go public, it seems like Jubilee shares are to a large degree a solution to a problem which no longer exists.

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A judge has ordered alleged child abductor Randall Peter Hopley, 46, to undergo a psychiatric assessment to determine if he is fit to stand trial.

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