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tradeforcash

05/08/07 12:19 AM

#76715 RE: idcc2006 #76709

surrender of shares??? why in the h*ll would anyone surrender their shares, if, you bought them from a broker? How or why would you be guilty, by buying thru a broker??? I don't see how i'm in trouble here, but AT may have an issue!
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TEX

05/08/07 12:37 AM

#76717 RE: idcc2006 #76709

lines 4-5:

". . . .The Order provides that Defendant agrees to surrender the falsely issued shares of Bancorp stock..."

that sounds bad, eh?

however, lines 5-6 continue:
"The Order also provides that you are an innocent purchaser of the falsely issued stock . . ." and goes on to relieve liability and provide dismissal.

Sounds good, again, eh?

However? If I *had* been dealing in bad certs, I might seriously consider signing, based on that "innocence" clause...


Of course, there's a line preserving our rights to sue brokers, but what chaps my azz is the part about how this prevents "Defendants from incurring legal fees and court costs." lil over the top, there, for my taste...