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Friday, October 15, 2010 4:27:26 PM
The FAB lawsuit stated "Securities Rule Violaton" not - "Loan Default".
"... First Atlantic Bank has filed this action alleging with respect to ERHC that ERHC has violated certain federal securities rules..."
http://www.sec.gov/Archives/edgar/data/799235/000110465904024664/a04-9640_110q.htm#LegalProceedings
Page 20.
Regards
P
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