Naked Shorting-Hedge Fund & Market Maker manipulation? Message Board

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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

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To: rrufff who wrote (3173)	2/6/2008 11:51:19 AM
From: ravenseye	of 5034

Who's Speaking Up for Bill Lerach? portfolio.com ...prosecutors opposed Lerach's bid to keep his document private. "Under the First Amendment, the press and public have a presumed right of access to court proceedings and documents," asserts the short brief filed by Thomas P. O'Brien, the United States attorney for the central district of California in Los Angeles. According to the brief, Lerach wants the seal because the letters "contain personal and sensitive information about Mr. Lerach and about those who wrote them." In fact, prosecutors are willing to allow a seal on 22 items among the exhibits. But for the most part, prosecutors contend in their brief that Lerach has "failed to satisfy his burden of identifying a compelling interest" for the seal to override the First Amendment. In the government's view, "the vast majority of the information submitted discuss defendants abilities as an attorney; his accomplishments; and various charitable contributions made by the defendant.".... by Karen Donovan

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