No mining experts are required. The jury found the following:
The key wording here includes ALL assets, silver valley, san bernadino, skull valley, EVERY as in ALL. Get it yet?
Case 1:03-cv-01507 Document 269 Filed 10/11/2007 Page 1 of 10
essentially contrary to the conclusions of the jury verdict in this case, and should be disregarded.
The jury’s responses to the verdict interrogatories indicated that it found fraud, against both defendants, on every category of assets that HCCA recorded on its balance sheet between 1996 and 2001. Further, the jury found fraud in virtually all press releases that the defendants caused HCCA to issue between 1996 and 2001. This scheme was a “pump and dump” whereby the defendants issued false “good news” press releases to pump the stock price, which they then often followed with large sales of their personal HCCA stock. It was Furlong and Pietrzak who consistently benefited from the fraud, at the expense of other shareholders. It is abundantly clear from Furlong’s and Pietrzak’s trial testimony that they lived essentially, over the 3½ year period of the fraud, from their personal stock sales in HCCA. During the fraud, they were dumping stock on an unsuspecting public based upon information that they released in the marketplace, which they knew to be false. From the jury’s verdict (including its responses to the verdict interrogatories), no other reasonable conclusion can be reached. To that end, there are no real mitigating “factors” that this Court should consider in imposing final judgment against the defendants.
to catch a fish is not all of fishing. Zane Grey Tales of Swordfish and Tuna 1926