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Friday, 07/15/2011 11:42:20 AM

Friday, July 15, 2011 11:42:20 AM

Post# of 92671
New development in court:

Full docket text for document 4:
WAIVER OF SERVICE Returned Executed by Securities and Exchange Commission. Thomas Schroepfer waiver sent on 7/12/2011, answer due 9/12/2011. (Carlson, James)

It seems TS is trying to save the SEC some money now by not having to hire someone to serve him his summons. TS and his attorney are accepting the charges and have until 9/12 to answer to them....

Looks like it's a wait and see now..... They are buying more time IMO because if the summons had been served they would have to respond earlier (21 days)... Maybe they're hoping to clear up the FBI case before the SEC litigation starts ? I'm just guessing here..