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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Pluvia who wrote (89626)1/24/2005 9:15:16 PM
From: eWhartHog  Read Replies (1) of 122087
 
If Anthony’s associates aren’t pursued for damages it will be because they don’t have enough assets to be worth suing, or because the buyers of the stock are unaware of their legal rights. Perhaps no single individual lost enough to bother suing, and class action lawyers may not see enough assets for a lawsuit to be worth their effort. Doesn’t the racketeering conspiracy conviction allow plaintiffs to claim treble damages plus legal fees under the RICO statute?

Since there have already been criminal convictions for securities fraud, wire fraud, racketeering conspiracy, extortion, and extortion conspiracy, the group members would look guilty to a jury. The high cost of a defense could force them to settle.

In their defense, group members can say evil crims knowingly sell worthless stock to gullible dupes for great profit. Unlike these crims, A@P & associates knowingly sold worthless stock to gullible dupes for great profit. See the difference? Think a civil jury will? You don’t have to be guilty to lose in civil court.
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