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Re: justerx post# 11339

Monday, 08/31/2009 6:53:19 PM

Monday, August 31, 2009 6:53:19 PM

Post# of 14027
It was supposed to go to court this summer but had been extended. It's still pending.

http://www.cftc.gov/opa/enf05/opa5125-05.htm

Notice the key issue in this suit: ...The complaint alleges that starting in January 2004, American Derivatives, Brokerage Management, Mittler, Gerstel, and Booth engaged in a fraudulent scheme to solicit customers to trade commodity option contracts by making fraudulent misrepresentations and omissions of material facts,

It didn't take them very long to bring up the suit.