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To: lorne who wrote (47497)	1/26/2000 8:29:00 AM
From: long-gone	Respond to of 116927

<<If the retailers win, the damage award would triple under antitrust law to $24.3 billion. >> and here is the problem, it the retailers win, THEY get the money, but it is the consumers that paid the higher prices.

To: lorne who wrote (47497)	1/26/2000 8:48:00 AM
From: long-gone	Respond to of 116927

Lorne, Where there's not corruption, there is fraud: OT(or is it as each time this happens solid gold looks better) Monday January 24, 7:43 pm Eastern Time SEC alleges Golf cheated investors out of millions NEW YORK, Jan 24 (Reuters) - The Securities and Exchange Corp. alleged Monday that Golf Emporium Corp. illegally raised more than $4.8 million from elderly investors and that a federal judge is maintaining a freeze of the company's assets. In October, the SEC filed a civil complaint against Golf Emporium and its chief executive officer Frederick Tropeano alleging the defendants defrauded elderly investors out of $640,000 by misleading them into believing the company's share price would triple after a purported public offering. The SEC said it amended the lawsuit to include new allegations since discovered that over $4.8 million had been raised by Golf through the sale of its stock to at least 193, mostly elderly, investors in a purported private placement. The commission has alleged that Golf's private placement memorandum given to investors misrepresented its financial condition, its (cont) biz.yahoo.com