June 7, 1999: Stockett appeals SEC Administrative Law Judge's ruling against him and the proposed $50,000 fine, claiming his reputation has been ruined ("...The attached article in the Grass Valley Union newspaper is evidence that the Judge's initial decision has lead [sic] Mr. Stockett's current employer to ask for his resignation, and has caused Mr. Stockett far greater damages than the $50,000 fine proposed.")
The Appeal, written by Stockett representing himself, alternates between referring to himself in the 3rd person and in the 1st person, and is generally a whining piece of trash set in pseudo-legal style to conform to the SEC's pleadings requirements.
I suspect it will be denied and the Decision affirmed.
The referred-to employer must be the mining venture (gold, diamonds) and not the cement operation previously referred to, headquartered appropriately enough in Las Vegas which might denote a crap shoot at best...IMHO.
In the Appeal Stockett claims he had no idea the Hudson Fund was buying up shares in Hightec, the company he controlled, until he read in Forbes that Hudson was the highest flying mutual fund for a particular year as a result. Nooooooo idea, he says....
Dee Jay |
