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Strategies & Market Trends : Banned.......Replies to the A@P thread.

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To: Bear Down who wrote (2737)2/3/2005 2:53:41 AM
From: ravenseye  Read Replies (3) of 5425
 
Could be a different con call, no mention of Mike Hunt but tony (Amir Elgindy) was mentioned in
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
In re TERAYON COMMUNICATIONS
SYSTEMS, INC. SECURITIES LITIGATION
______________________________________
This Document Relates To:
ALL ACTIONS
_____________________________________/
No. C 00-01967 MHP
MEMORANDUM AND ORDER
......In early April 2000 Cardinal Partners purchased April “puts” on Terayon stock. Id. Ex. 3 (Cardinal Dep. At 13:2-22), Ex. 23, Ex. 60. The “puts” expired on April 15, 2000. Thus Cardinal was betting that something would cause a decline in Terayon stock between April 7 and April 15.
On April 11, 2000 Cardinal employee Kent McGaughy called into Terayon’s quarterly earnings conference call. McGaughy used a false name, and posing as a bona fide securities analyst, accused Terayon of fraud. Defendants assert that two other people participated in the conference call at Cardinal’s behest. These two, Jonathan Daws and Amir Elgindy also used false names and raised issues of alleged fraud by Terayon.
......
cand.uscourts.gov
This is the type of stuff the a@p gated community shouldn't laugh about, but I will lma(zz)o!
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