Treaty Energy Corp. (fka TECO)

[tdbowieknife]

SEC Rips the Motion for Summery Judgment...

The first 24 pages of the Treaty Officer Defendants’ 25 page motion for summary judgment consist of a frivolous and abusive rant1 centering on an unsupported (and untrue) belief that the SEC “[filed its] complaint at the behest of individuals with a personal agenda” and “was associating with persons abusing its process.” (See Defs. Motion at p. 8.) Not a single sentence relates to any pending claim or defense, and cannot be considered for determining whether summary judgment is appropriate.

Note 1

1 Throughout their motion and in other public filings with this Court, Defendants have made repeated unsubstantiated and impertinent allegations of misconduct by Commission staff and have demonstrated a bizarre obsession with the Commission staff attorney who investigated this matter. See Defs. uncited “Statement of Uncontested Facts” (nearly all of which “facts” the SEC contests, and half of which center on a particular SEC attorney). These allegations and personal attacks on counsel are frivolous, defamatory, and abusive, and have nothing to do with the merits of SEC’s enforcement action. The SEC reserves the right to raise these issues in a separate Motion for Sanctions under Rule 11(c).

Note 3

3 The few documents defendants attach to their motion have no relation or relevance to any pending claim, and appear to be offered in support of the aforementioned irrelevant rant.

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Grey Market


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