Wasn't Sullivan the lawyer that Scorps claimed was going to bring the smackdown on detractors as per the "Seek and Destroy" PR put out by SLJB on 4/13/07??
Poor Arachnid ... trying to defend Scott Sullivan stealing from his clients. LOLOL
Trust funds are simply Client Funds to be held in trust pending some future event (e.g. closing on a house purchase). There is NO Discretion on the attorney "spending" or "using" those funds other than for the stated purpose.
BIG SCREWUP by this Real Estate Lawyer, Sullivan
From the Arachnid: Can you blame Mr Sullivan for allocating monies from clients on a golden opportunity...after all...there he sits in the epicenter of a Nasdaq worthy stock. He has the right..and the ability. Clients do entrust money for that purpose with him.
You had his partners Insl and Bornais having a complete tantrum when he left the group to be on his own.
After all he is the brains..the cachet...the guy who's now in the know.
He'll be exonerated. For now he's letting it run its course.
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