InvestorsHub Logo

Urbanlegend

11/24/15 6:26 PM

#20731 RE: 4retire #20730

Don't think so. But you're saying the people that bought in to DFMI were misled?

4retire

11/24/15 6:27 PM

#20732 RE: 4retire #20730

From the court site: "Plaintiffs now argue, supported by an affidavit from Tom Simpson, that agreement addendum was a falsehood inserted to mislead potential investors in DFMI so that they would invest. The Court finds this admission of intent to commit securities fraud rather surprising"

Interesting in this is that the plaintiffs (TMMI) are using their star witness' testimony to try to prove a point. I wonder if TMMI knows that they're throwing Simpson under the bus? Then again, this is TMMI.

Does this satisfy your disagreement?