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   Strategies & Market TrendsAnthony @ Equity Investigations, Dear Anthony,


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From: scion5/14/2010 1:05:46 PM
   of 122081
 
SEC: Beware of impersonator

By Ben Rooney, staff reporter
May 13, 2010: 1:31 PM ET
money.cnn.com

NEW YORK (CNNMoney.com) -- The U.S. Securities and Exchange Commission warned investors Thursday to beware of a group calling itself "U.S. Securities and Equities Administration."

The entity, which also identifies as "U.S. Securities Administration" or the "U.S. Securities Bureau," is not an United States government agency and is not associated with the actual Securities and Exchange Commission, the SEC said.

While the group has not yet been officially accused of illegal activity, regulators suspect it may be involved in a so-called advance-fee fraud.

The SEC said it "appears" the entity may be requesting up-front fees to remove restrictions on shares of stock that investors own. It may also ask for money to release funds purportedly being held by the government on investors' behalf.

Based on conversations with investors, the SEC said the group may be based in Boston. Online, the group has a website at www.gov.ussea.us. Though there is an official-looking seal, the only contact information listed is an e-mail address. The group did not immediately respond to an e-mail requesting comment.

In a mission statement posted on the site, the USEA said it's "major policy" is to supervise and implement "all federal securities laws which are related to Mergers and Acquisitions."

The group promotes "correct and appropriate information," according to the statement. It is also interested in "protecting the interests of the investors while interacting with corporate and legal organizations they meet and get involved during the process."

The statement goes on to assert that "reliability and ethical premises are the basics of a respectable and serious market development." As a final thought, the statement says "fraudulent activities damage not only the integrity of the market, but also destroy client's trust."

By contrast, the mission of the actual SEC is in part "to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation."

The SEC has identified a number of ongoing investment scams in which con artists have used the names of real SEC employees to trick victims into sharing access to their brokerage accounts or revealing private information. In some cases, the SEC said, victims have even sent perpetrators money and other assets.

The SEC said one of the main characteristics of such scams is the use of Web sites and e-mail addresses ending in ".us" or ".org" and containing ".gov" in the middle of the domain address.

Legitimate government agencies have website and e-mail addresses that end only with ".gov", ".mil" or "fed.us".

money.cnn.com

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To: scion who wrote (110338)5/14/2010 1:06:42 PM
From: scion
   of 122081
 
Based on conversations with investors, the SEC said the group may be based in Boston. Online, the group has a website at www.gov.ussea.us. Though there is an official-looking seal, the only contact information listed is an e-mail address. The group did not immediately respond to an e-mail requesting comment.

gov.ussea.us

Welcome to U.S. Securities and Equities Administration

The U.S. Securities and Equities Administration major policy consists of supervising, managing and implementing all federal securities laws which are related to Mergers and Acquisitions.

The U.S. Securities and Equities Administration is involved in the promotion of correct and appropriate information and also interested in protecting the interests of the investors while interacting with corporate and legal organizations they meet and get involved during the process.

Following this policy, U.S. Securities and Equities Administration is responsible for guaranteeing a successful transaction based on just and appropriate business rules.

The global integration of capital markets involves a great number of participants. As it provides the possibility of capital flows or the chance of taking personal advantage of some investors, the main objectives of U.S. Securities and Equities Administration is to prevent violations of any kind while trading - asking all the entities involved for following the regulations established.

Reliability and ethical premises are the basics of a respectable and serious market development. Fraudulent activities damage not only the integrity of the market, but also destroy client's trust.

Federal and State legislations must be accepted, interpreted and put into practice by all the investors in order to achieve a proper and efficient administration of the Mergers and Acquisitions.

gov.ussea.us

225 Franklin Street, Boston, MA 02110-2875

gov.ussea.us
Contact

Through this website, you’ll find various ways of contacting the U.S. Securities and Equities Administration. If you cannot find what you need, please contact us directly using the contact information below.

U.S. Securities And Equities Administration
Postal Address:
225 Franklin Street, Boston, MA 02110-2875

Email: contact@gov.ussea.us

gov.ussea.us

State Street Brokerage Svc Inc

225 Franklin St
Boston, MA 02110-2875
(Boston, MA-NH Metro Area)
Phone: (617) 664-6028
Website: Information not found (?)

State Street Brokerage Svc Inc Business Information

State Street Brokerage Svc Inc is a private company categorized under Commercial Banks (Unclassified) and located in Boston, MA. Current estimates show this company has an annual revenue of less than $500,000 and employs a staff of approximately 1 to 4.

manta.com

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From: scion5/16/2010 2:51:36 PM
   of 122081
 
Pacer update 14 May 10 SEC v Spongetech CIVIL DOCKET FOR CASE #: 1:10-cv-02031-DLI -JMA

Date Filed # Docket Text

05/14/2010 6 MOTION for Preliminary Injunction EXHIBITS FOR NEAL DECLARATION - PART 2 by U.S. Securities & Exchange Commission. (Attachments: # 1 Exhibit Neal Exhibit AA, # 2 Exhibit Neal Exhibit BB, # 3 Exhibit Neal Exhibit CC, # 4 Exhibit Neal Exhibit DD, # 5 Exhibit Neal Exhibit EE, # 6 Exhibit Neal Exhibit FF, # 7 Exhibit Neal Exhibit GG, # 8 Exhibit Neal Exhibit HH, # 9 Exhibit Neal Exhibit II, # 10 Exhibit Neal Exhibit JJ, # 11 Exhibit Neal Exhibit KK, # 12 Exhibit Neal Exhibit LL, # 13 Exhibit Neal Exhibit MM, # 14 Exhibit Neal Exhibit NN, # 15 Exhibit Neal Exhibit OO, # 16 Exhibit Neal Exhibit PP, # 17 Exhibit Neal Exhibit QQ, # 18 Exhibit Neal Exhibit RR, # 19 Exhibit Neal Exhibit SS - Moskowitz, # 20 Exhibit Neal Exhibit SS - Metter, # 21 Exhibit Neal Exhibit SS - Lazauskas, # 22 Exhibit Neal Exhibit SS - Speranza) (Simpson, Richard) (Entered: 05/14/2010)

05/14/2010 5 MOTION for Preliminary Injunction EXHIBITS FOR NEAL DECLARATION - PART 1 by U.S. Securities & Exchange Commission. (Attachments: # 1 Exhibit Neal Exhibit List, # 2 Exhibit Neal Exhibit A, # 3 Exhibit Neal Exhibit B, # 4 Exhibit Neal Exhibit C, # 5 Exhibit Neal Exhibit D, # 6 Exhibit Neal Exhibit E, # 7 Exhibit Neal Exhibit F, # 8 Exhibit Neal Exhibit G, # 9 Exhibit Neal Exhibit H, # 10 Exhibit Neal Exhibit I, # 11 Exhibit Neal Exhibit J, # 12 Exhibit Neal Exhibit K, # 13 Exhibit Neal Exhibit L, # 14 Exhibit Neal Exhibit M - Pages 1-30, # 15 Exhibit Neal Exhibit M - Pages 31-64, # 16 Exhibit Neal Exhibit N, # 17 Exhibit Neal Exhibit O, # 18 Exhibit Neal Exhibit P, # 19 Exhibit Neal Exhibit Q, # 20 Exhibit Neal Exhibit R, # 21 Exhibit Neal Exhibit S, # 22 Exhibit Neal Exhibit T, # 23 Exhibit Neal Exhibit U, # 24 Exhibit Neal Exhibit V, # 25 Exhibit Neal Exhibit W, # 26 Exhibit Neal Exhibit X, # 27 Exhibit Neal Exhibit Y, # 28 Exhibit Neal Exhibit Z) (Simpson, Richard) (Entered: 05/14/2010)

05/14/2010 4 MOTION for Preliminary Injunction EXHIBITS FOR DAVIS DECLARATION - PART 2 by U.S. Securities & Exchange Commission. (Attachments: # 1 Exhibit Davis Exhibit Z, # 2 Exhibit Davis Exhibit AA, # 3 Exhibit Davis Exhibit BB, # 4 Exhibit Davis Exhibit CC, # 5 Exhibit Davis Exhibit DD, # 6 Exhibit Davis Exhibit EE, # 7 Exhibit Davis Exhibit FF, # 8 Exhibit Davis Exhibit GG, # 9 Exhibit Davis Exhibit HH, # 10 Exhibit Davis Exhibit II, # 11 Exhibit Davis Exhibit JJ, # 12 Exhibit Davis Exhibit KK, # 13 Exhibit Davis Exhibit LL, # 14 Exhibit Davis Exhibit MM, # 15 Exhibit Davis Exhibit NN, # 16 Exhibit Davis Exhibit OO, # 17 Exhibit Davis Exhibit PP, # 18 Exhibit Davis Exhibit QQ, # 19 Exhibit Davis Exhibit RR, # 20 Exhibit Davis Exhibit SS, # 21 Exhibit Davis Exhibit TT, # 22 Exhibit Davis Exhibit UU, # 23 Exhibit Davis Exhibit VV) (Simpson, Richard) (Entered: 05/14/2010)

05/14/2010 3 MOTION for Preliminary Injunction EXHIBITS TO DAVIS DECLARATION - PART 1 by U.S. Securities & Exchange Commission. (Simpson, Richard) (Entered: 05/14/2010)

05/14/2010 2 MOTION for Preliminary Injunction , Asset Freeze, and Other Relief by U.S. Securities & Exchange Commission. (Attachments: # 1 Memorandum in Support Memo in Support, # 2 Proposed Order Proposed Order, # 3 Declaration Declaration of Stephen Glascoe, # 4 Declaration Declaration of Charles Davis, # 5 Declaration Declaration of Christine Neal) (Simpson, Richard) (Entered: 05/14/2010)

Defendant
Spongetech Delivery Systems, Inc.

Defendant
RM Enterprises International, Inc.

Defendant
Steven Moskowitz

Defendant
George Sperenza

Defendant
Joel Pensley

Defendant
Jack Halperin

ecf.nyed.uscourts.gov

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To: scion who wrote (110340)5/16/2010 2:54:11 PM
From: scion
   of 122081
 
Doc 2 PDF file
viewer.zoho.com

Doc 2-1 PDF file
viewer.zoho.com

3 Declaration Declaration of Stephen Glascoe 4 pages

Doc 2-3 PDF file
viewer.zoho.com

4 Declaration Declaration of Charles Davis 19 pages

Doc 2-4 PDF file
viewer.zoho.com

5 Declaration Declaration of Christine Neal 38 pages

viewer.zoho.com
Doc 2-5 PDF file

Doc 3 PDF file
viewer.zoho.com

Doc 4 PDF file
viewer.zoho.com

Doc 5 PDF file
viewer.zoho.com

Doc 6 PDF file
viewer.zoho.com

Pacer update 14 May 10 SEC v Spongetech CIVIL DOCKET FOR CASE #: 1:10-cv-02031-DLI -JMA

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From: StockDung5/16/2010 6:25:54 PM
1 Recommendation   of 122081
 
Litigants Tell Donald Trump’s University, “You’re Fired!”
May 16, 2010. By Brenda Craig

San Diego, CA: “The Donald” got rich buying and selling real estate, and according to him, you can build a New York skyscraper with your name on it, too! Drawn by the power of the Trump name thousands of people have signed up for Trump University real estate investing seminars online and in hotels across the country. But Amber Eck, a San Diego lawyer from the firm Zeldes and Haegguist, argues that the purpose and content of the real estate investment seminars have been so egregiously misrepresented to the public as to constitute consumer fraud.

“First they offer you a free seminar. But that’s just a teaser to get to sign up for the $1500 seminar. Once you pay for that, there’s pressure to sign up for the $35,000 Trump Gold Seminar… it never ends”“There are complaints about these seminars all over the internet,” says Eck, who has recently filed a national class action against Trump University. “People have complained to the FBI, to the Federal Trade Commission, the Better Business Bureaus, to Attorney Generals’ office in various states. Students are outraged, and I mean outraged.”

The Trump University real estate investing seminar brochure promises to provide students with “a complete real estate education” and to show them how to develop relationships with bankers and investors that will lead to “financial independence.”

“First they offer you a free seminar,” says Eck. “But that’s just a teaser to get to sign up for the $1500 seminar. Once you pay for that, there’s pressure to sign up for the $35,000 Trump Gold Seminar and another seminar.”

Eck’s client and lead plaintiff in the suit, Tarla Makaeff, is one of those outraged students. She spent about $60,000 for a series of Trump University seminars, including what she thought was one-year apprentice program, complete with one-on-one mentoring. The assumption was that she would make all that money back and more after her first real estate deal.

“With the training I’d receive I could create a real estate investing business that could earn tens of thousands of dollars per month, and that I could likely pay off the $35,000 seminar price with the money I’d make from my first real estate deal,” Makaeff told her lawyer.

The one-year apprentice program turned out to be three days long. She got a few minutes with the so-called mentors and a tour of the local Home Depot.

“Had I known then what I know now, I never would have spent a penny on these seminars,” Makaeff says.

The problem is that students never get any actual instruction on how to flip real estate—just more pressure to buy into the next seminar. “It never ends,” Eck adds. “Once you buy the 35,000 seminar you realize, ‘Oh, I never got what I needed,’ then they sell you another seminar and another seminar. They make it sound like Donald Trump is doing this to help people – he’s already made himself and his family rich and now you can get rich too.”

Although the suit does not name Donald Trump as a defendant in the case, it does name Trump University, which is owned and operated by Donald Trump. “He is chairman of the board of Trump University. His name and his photo are everywhere and in the initial free seminar they explain this is Donald Trump’s company owned lock, stock and barrel by Donald Trump.”

Ms. Makaeff is seeking punitive class damages for breach of contract, fraud, negligent misrepresentation and bad faith, and refunds on the money paid to Trump University.

Amber Eck is an experienced lawyer with 15 years experience litigating complex individual and class action involving consumer fraud, securities and derivative litigation and business law. She is serving a class counsel in the suit against Trump University. Before joining Zeldes & Haeggguist, Eck was a partner at Coughlin, Stoia, Geller Rudman & Robbins. She has obtained substantial financial recoveries for a number of clients.

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To: scion who wrote (110341)5/16/2010 6:54:21 PM
From: scion
   of 122081
 
"Acacia was one of the largest beneficiaries of Spongetech's distribution of shares."

"During July and August 2009, Acacia received 90,000,000 shares of SPNG stock from RME... Brokerage records show that Acacia sold 60,000,000 shares into the public market in July for $6,613,248.97 and sold 30,000,000 iin August for $3,375,000. Shortly after its sales of SPNG shares, Acacia deposited $4,832,250 by wire transfer directly to RME bank account in July 2009, and $3,375,000 in August 2009."

Case 1:10-cv-02031-DLI -JMA Document 4-6 Filed 05/14/10 Page 1 of 34

Doc 4-6 PDF file
ACACIA - EXHIBIT EE
viewer.zoho.com

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To: scion who wrote (109911)5/17/2010 11:55:16 AM
From: scion
   of 122081
 
Pacer update 06 Apr 10 10 CIVIL DOCKET FOR CASE #: 6:09-cv-01963-JA-GJK SEC v. Big Apple Consulting USA, Inc. et al

Date Filed # Docket Text

04/06/2010 17 ENDORSED ORDER granting 16 Motion for discovery. Signed by Magistrate Judge Gregory J. Kelly on 4/6/2010. (DEH) (Entered: 04/06/2010)

04/06/2010 16 Joint MOTION for discovery to Conduct Additional Depositions by all parties (Infelise, Jeffrey) Motions referred to Magistrate Judge Gregory J. Kelly. Modified on 4/7/2010 (LAK). (Entered: 04/06/2010)

Defendant Big Apple Consulting USA, Inc.

Defendant MJMM Investments, LLC

Defendant Marc Jablon

Defendant Matthew Maguire

Defendant Mark C. Kaley

Defendant Keith Jablon

ecf.flmd.uscourts.gov

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To: scion who wrote (110344)5/17/2010 12:04:38 PM
From: scion
   of 122081
 
04/06/2010 16 Joint MOTION for discovery to Conduct Additional Depositions by all parties (Infelise, Jeffrey) Motions referred to Magistrate Judge Gregory J. Kelly. Modified on 4/7/2010 (LAK). (Entered: 04/06/2010)

Doc 16 PDF file
viewer.zoho.com

JOINT MOTION FOR LEAVE TO CONDUCT ADDITIONAL DEPOSITIONS

Pursuant to the Court’s Case Management Form, undersigned counsel for plaintiff, the Securities and Exchange Commission (the “Commission”) and counsel for defendants, Big Apple Consulting USA, Inc., MJMM Investments, LLC, Marc Jablon, Matthew Maguire, Mark C. Kaley and Keith Jablon (“defendants”), respectfully request leave to conduct 20 depositions per side.

This case involves four individual defendants and two corporate defendants. Therefore, six depositions will be required just to depose all the defendants. Additionally, there are numerous witnesses who were employees and/or officers of CyberKey Solutions, Inc. residing outside the district and who, therefore, must be deposed in order to ensure their testimony is available for trial. This includes James Plant, the former CEO of CyberKey who is presently incarcerated in federal prison in Florence, Colorado. In its initial disclosures, the Commission identified 27 potential witnesses and defendants identified over 100 potential witnesses, the vast majority of whom reside outside the District.

Counsel for the Commission and defendants believe that because of the complexity of this case and the number of individuals involved, they require 20 depositions per side.

April 6, 2010 Respectfully submitted,

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From: scion5/17/2010 12:39:10 PM
   of 122081
 
Two Big Hedge Funds, Man and GLG, to Merge

May 17, 2010
By JULIA WERDIGIER
nytimes.com

LONDON — The Man Group, the London-based hedge fund, agreed Monday to buy a rival, GLG Partners, for $1.6 billion to diversify its range of investment funds.

Man is paying GLG shareholders $4.50 a share in cash, a 55 percent premium to the company’s closing share price Friday, the company said in a statement. Man was under pressure to add new products after its business became overly reliant on its flagship AHL fund, which had a loss last year. The combined group would have $63 billion of funds under management, the company said.

“Man’s quantitative and multimanager expertise complements GLG’s long track record in discretionary investment strategies,” Peter Clarke, Man’s chief executive, said in a statement.

Shares in Man fell 8.17 percent in London on Monday after some investors and analysts questioned whether Man paid too steep a price for GLG and whether the $50 million in annual cost savings the companies anticipated can be realized.

“This does help to diversify the business and smooth the earnings but why could Man not have done that themselves,” David McCann, an analyst at Numis Securities in London, said. “It didn’t strike me that that much would come out of expanding the distribution.”

Man said it expected the acquisition to add to earnings in 2012. GLG’s founders, Noam Gottesman and Pierre Lagrange, and the co-chief executive, Emmanuel Roman, agreed to a lock-up for their shares for three years. They also agreed to swap their GLG shares for Man stock at $3.50 a share, well below the cash offer to other GLG shareholders.

“We have known Man for many years and can be certain that our two businesses are highly complimentary, both focused on delivering long-term performance but each with differing client bases and uncorrelated investment strategies,” Mr. Gottesman said in a statement.

Man said in March that profit before tax probably fell in the year until the end of March after the performance of AHL disappointed and funds under management declined in the fourth quarter.

GLG, which was founded in 1995 and is based in New York, would gain access to Man’s distribution platforms in Asia while GLG would help sell Man’s products through its links to family offices and sovereign wealth funds in Europe.

Man said it expected the combination to also help the companies deal with a tightening of regulation for hedge funds and private equity firms within the European Union. The European parliament is expected to approve a proposal on Monday that would force hedge funds outside the union to share more information with regulators if they want to market their products in the region.

nytimes.com

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To: scion who wrote (110335)5/17/2010 8:40:41 PM
From: scion
   of 122081
 
Pacer update 17 May 10 FOR CASE #: 6:09-cv-01638-GAP-KRS SEC v. K & L International Enterprises, Inc. et al

Date Filed # Docket Text

05/17/2010 53 ENDORSED ORDER granting 52 Motion for entry of judgment. Signed by Judge Gregory A. Presnell on 5/14/2010. (Attachments: # 1 Main Document Carnes judgment, # 2 Main Document Signature Worldwide judgment, # 3 Main Document Signature Leisure judgment) (ED) (Entered: 05/17/2010)

Defendant: K & L International Enterprises, Inc.

Defendant: Signature Leisure, Inc.

Defendant: Signature Worldwide Advisors, LLC

Defendant: Stephen W. Carnes

Defendant: Lawrence A. Powalisz

Defendant: Enzyme Enviromental Solutions, Inc.

Defendant: Jared E. Hochstedler

ecf.flmd.uscourts.gov

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