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Microcap & Penny Stocks : JT's Restaurants JTSR New Developments

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To: James Randall Ingram who wrote (16)10/29/1998 9:19:00 PM
From: Arcane Lore   of 19
 
Just a coincidence? I doubt it.

"S.E.C. Accuses 44 Stock Promoters of Internet Fraud"

... "In another case, Francis A. Tribble and his California-based company, Sloan Fitzgerald, were accused of sending more than six million e-mails to fraudulently promote two small companies, including JT's Restaurants in New York. The S.E.C. said many of the e-mails did not sufficiently disclose Tribble's compensation arrangements with JT's Restaurants, which is owned by his father, Joseph Tribble."

"Most of the e-mail suggested that it was from independent stock promoters named "HotStock," "Net-Vest" and "Cyber-Stock," according to the S.E.C. Francis Tribble and Sloan Fitzgerald agreed to pay a $15,000 civil penalty, the agency said."

"The e-mails went to virutually every state and around the world, the S.E.C. said, but the 10 states directly involved were California, Colorado, Florida, Georgia, Illinois, Massachusetts, New York, Ohio, Pennsylvania and Texas." ...

nytimes.com
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