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To: afrayem onigwecher who wrote (1)11/7/1999 4:41:00 PM
From: Sir Auric Goldfinger  Respond to of 3
 
Dude! Ya been kinda quiet, you dodged the press for another day, but I have no doubts that the Feds have been by for a chat. Notice that you got rid of your list of favorite stocks that linked all the crims together. Anyone that I should email a copy to that might ahve missed it?



To: afrayem onigwecher who wrote (1)11/7/1999 11:20:00 PM
From: StockDung  Respond to of 3
 
On August 3, 1998, Mercacorp, Inc. commenced an action in the
U.S.District Court for the Eastern District of New York against the Company,
Michael R. Farris (the President and Chief Executive Officer of the Company),
Wall & Broad Equities, Inc., a "purported investment banking establishment" and
Isaac Weinhouse, the principal of such purported investment banking
establishment. This action asserts violations of Section 10(b) of the Exchange
Act and common law fraud in connection with the alleged issuance of false press
releases, misrepresentations and omissions by all of the defendants on which the
plaintiff allegedly relied in purchasing the Company's Common Stock and later
holding (rather than selling) such Common Stock. The plaintiff asks that they be
awarded $5 million in actual damages and $50 million in punitive damages. The
Company believes that the allegations made by the plaintiff against the Company
and Mr. Farris are without merit, and it intends to vigorously defend the
action.
tenkwizard.com