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Keep dreaming. Here is what the lawsuit is

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Johnny_C Member Level  Sunday, 08/20/17 09:50:00 AM
Re: badbadbad post# 40542
Post # of 42673 
Keep dreaming. Here is what the lawsuit is about..

Malpractice by Cowan

Cowan and Meyler ignoring the rules and failing to notify TAUG of the significant threat to independence ( A PCAOB investigation)

Cowan et al (Partners) ignoring the advice of it's head of compliance regarding notifying TAUG about the independence breach

Cowan et striking a deal with PCAOB for a censure for both violating the independence rules and not having proper Procedures and Protocols in place

Cowan et al continuing to fail to notify TAUG even after they agreed to a censure around Febuary

Cowan again certifying to the TAUG BOD that they were independent for the 2015 Audit (they were not

Meyler continuing to violate the rules by assisting in the 2015 TAUG quarterlies, and lying under oath in his deposition.

Cowan et al placing a straw man auditor on the 2015 audit for window dressing, that auditor had never contacted TAUG at all nor was TAUG informed of the change, That auditor also left the company

Cowan et al accepting 25k to reaudit 2014 prior to the censure. That money was billed fraudulently as Cowan et al knew that they could not reissue 2014. Both Cowan and Meyler lied in depositions stating the money was for past billing.

Cowan failing to communicate with TAUG after the censure regarding the transfer of the work papers ( prior to the censure Cowan et al agreed to transfer them)

Herzog, and by association XL Insurance failing to respond to TAURIGA's requests for the work papers

Herzog obstructing the return of TAUG's work papers

Herzog and Cowan et al actions during mediation

XL Insurance and Herzog failing to take steps to mitigate TAUG's ongoing damages.

XL Insurance failing to properly adjust this claim from the beginning. Herzog wanted TAUG to negotiate the $1000 a day penalty that they caused down and Meyler wanted TAUG to go bankrupt.

That is what the case is, could luck thinking putting the raped on trial will help these guys. All the whistle blower talk is nonsense.

I cant wait to see how the SEC lawyer Herzog looks after the trial, his actions or inactions are directly and indirectly responsible for nearly 1 billion shares of dilution.



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