Here is one of MANY allegations of stock manipulation against Doug Furth and "the group"
First Responder Products Inc v. Douglas G Furth et al
IMO Watch out for Doug Furth "The Group" USING ILLEGAL "short swing" trades" > IMO
Plaintiff: First Responder Products Inc Defendant: Douglas G Furth, Mark Fixler, Jag Enterprises LLC, Michel Attias, Brendon Attias, Timothy Garlin and Does Case Number: 8:2008cv00586 Filed: May 27, 2008 Court: California Central District Court Office: Southern Division - Santa Ana Office [ Court Info ] County: Orange Presiding Judge: Carney Referring Judge: Abrams Nature of Suit: Other Statutes - Securities/Commodities/Exchanges Cause: 15:78m(a) Securities Exchange Act Jurisdiction: Federal Question Jury Demanded By: Plaintiff
LEGAL PROCEEDINGS On May 27, 2008, as previously reported, the Company filed a lawsuit in the United States District Court, Central District of California, Case No. SACV08-00586 CJC (PLAx) alleging securities law violations and fraud against Douglas G. Furth individually and allegedly dba Millennium Consulting Group, Inc., a defunct Ohio corporation; Mark Fixler; JAG Enterprises, LLC; Michel Attias; Brendon Attias; Timothy Garlin; and various DOE defendants for disgorgement of short-swing profits in violation of the Securities Exchange Act of 1934, Section 16(b) and for recovery of damages for fraud and deceit. These defendants, collectively, refer to themselves as “the Group”. The amount of defendants’ short-swing profit liability is unknown at this time but the Company intends to engage in expedited discovery to determine defendants’ trading profits which, by statute, must be returned to the Company. The lawsuit also sought the return of one million shares of stock given to the Group Defendants as consideration for alleged consulting services which were never performed, and which allowed the Group Defendants to engage in, as the Company alleges, illegal manipulation of the Company's stock
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