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Re: runningsloth post# 23864

Sunday, 01/05/2020 12:31:20 PM

Sunday, January 05, 2020 12:31:20 PM

Post# of 58767
“Marg is just another stinky pink insider, this is no different then any other stinky pink and it will be treated as such”

My goodness! Would Margaret spend $$$ and years of time trying to wrest control from the former CEO to do the same thing? Hardly not I think!

LARRY ALAN BURNS, District Judge.

Margaret Willett sued Cuba Beverage Company's executives and attorneys for securities fraud after she invested $150,000 in stock she says is now worthless. Willet alleges that the Defendants engaged in a pump-and-dump scheme: pumping up Cuba Beverage's stock price by paying penny stock reviewers to make misleading statements to encourage investment, then dumping their shares once the stock reached a certain price. Two defendants filed a motion to dismiss, one answered, and the other hasn't appeared or responded. Willet filed an ex parte motion to seal her filings requesting a TRO, an asset freeze, and appointment of a temporary receiver.

https://www.leagle.com/decision/infdco20180129783