InvestorsHub Logo
Followers 1549
Posts 7854
Boards Moderated 4
Alias Born 02/26/2010

Re: janice shell post# 135638

Thursday, 05/24/2018 12:58:42 PM

Thursday, May 24, 2018 12:58:42 PM

Post# of 220792
Speaking of Hurry and Scottsdale. It looks like Scottsdale Capital Advisors and Hurry have been filing frivolous (in my opinion) lawsuits against a bunch of online bloggers that have shared stories about Scottsdale being named in various complaints issued by the SEC and FINRA

Scottsdale vs Deal LLC from December 2016
https://www.courtlistener.com/docket/6150141/scottsdale-capital-advisors-corp-v-the-deal-llc/

Hurry vs S&P Global Incorporated from April 2018
https://www.courtlistener.com/docket/6366801/hurry-v-sp-global-incorporated/

Scottsdale vs Morning Light Mountain LLC from May 2018
https://www.courtlistener.com/docket/6627318/scottsdale-capital-advisors-corp-v-morninglightmountain-llc/


If you actually read the Complaints filed (which are included in the exhibits) you'll see that some of the statements which Hurry/Scottsdale claims are untrue are actually factual but are taken out of context by Hurry/Scottsdale.

Hurry repeatedly takes offense at anybody saying that Scottsdale was involved in any pump&dump schemes despite the fact that Scottsdale was named in multiple SEC/FINRA complaints for acting as the broker for individuals involved in pump&dump schemes and the fact that employees of Scottsdale including John Hurry were disciplined because of the actions of Scottsdale as a broker providing the services necessary for the the pump&dump schemes to occur.

Maybe its just the word "pump&dump" that Hurry doesn't like because there is no denying that Hurry was "a necessary participant and substantial factor" (Quote taken from a FINRA complaint) in some illegal share selling schemes

http://www.finra.org/sites/default/files/fda_documents/2014041724601_FDA_JG41349.pdf

And that Scottsdale employees like were "engaged in the illegal distribution of the securities of Biozoom, Inc" (quote taken from the SEC) BIZM is a confirmed pump&dump scheme.

https://www.sec.gov/litigation/admin/2018/33-10496.pdf

And that's not even going back to the Joseph Padilla days and doesn't get into the other SEC/FINRA actions that named Scottsdale as a participant in some scheme.

















Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.