An excellent example of the sort of thing to which you refer may be found in the potted biography (at the relevant website, and also submitted to the SEC in the company's 15c2-11 filing) of Greg Writer, CEO of FNTT:
Gregory D. Writer, Jr., 36, has served as Chief Executive Officer and Chairman of the Board of the Company since September 1998. For the past two years Mr. Writer has served as Director of Corporate Finance for Entrepreneur Investments, LLC, a private investment-banking firm, which has been engaged by the Company. From 1991 to June 1994 Mr. Writer was Regional Sales and Marketing Manager for AGT Sports (AGT), a Colorado-based corporation that owns the distribution
rights to a proprietary software package for golf. From 1987 through 1991 Mr. Writer served as co-founder, President and a Director of The Oxford Group, a full-service registered securities broker-dealer in Colorado Springs, Colorado. At the age of 21 Mr. Writer was the founder, President and a Director of R. Writer Securities, a registered securities broker-dealer in Colorado Springs, Colorado.
But what's this???
http://www.exchange2000.com/~wsapi/investor/reply-8546581
To: Greg Writer (0 )
From: John G
Friday, Mar 26 1999 2:00PM ET
Reply # of 927
February 1, 1991, Friday
LENGTH: 196 words
BYLINE: States News Service
DATELINE: WASHINGTON
BODY:
Tri-Bradley Investments Inc., two companies affiliated with the Englewood, Colo., investment brokerage, and several of its officers and traders, were fined more than $415,000 by the National Association of Securities Dealers for a scheme to manipulate stock prices.
The fine is one of the largest ever assessed by the over-the-counter stock market's watchdog.
The NASD charged the group sold unregistered stock to customers, used false and misleading information, and failed to disclose other important investment information in an attempt to drive up the stock price so the group's shares could be sold at a profit.
Also charged as part of the scheme were The Oxford Group Inc., Gregory D. Writer Jr., Garold N. McGaugh and Dennis E. Evanson, all of Colorado Springs, Colo.; John E. Bradley and Brennan Ross Securities Inc., both of Englewood; Michael D. Pittman of Aurora, Colo. and Jackie D. Pevey of Irvine, Calif.
In related cases, Tri-Bradley and Mary F. Menah, an owner of the Englewood firm, were fined $128,000 and expelled from the NASD for selling stock at excessive markups. John E. Bradley was fined $5,000 for selling stocks use false representations.
LANGUAGE: ENGLISH
LOAD-DATE: February 2, 1991
exchange2000.com;
Ohhhh!! What's THIS??
February 1991 NASD Disciplinary Actions
Disciplinary Actions Reported for February
The NASD is taking disciplinary actions against the following firms and individuals for violations of the NASD Rules of Fair Practice, securities laws, rules, and regulations, and the rules of the Municipal Securities Rulemaking Board. Unless otherwise indicated, suspensions began with the opening of business on Monday, February 4, 1991. The information relating to matters contained in this notice is current as of the 20th of the month preceding the date of the notice. Information received subsequent to the 20th is not reflected in this publication.
FIRMS EXPELLED, INDIVIDUALS SANCTIONED…
…Tri-Bradley Investments, Inc. (Englewood, Colorado), The Oxford Group, Inc. (Colorado Springs, Colorado), Brennan Ross Securities, Inc. (Englewood, Colorado), John E. Bradley (Registered Principal, Englewood, Colorado), Gregory D. Writer, Jr. (Registered Principal, Colorado Springs, Colorado), Garold Neal McGaugh (Registered Principal, Colorado Springs, Colorado), Dennis E. Evanson, Sr. (Registered Representative, Colorado Springs, Colorado), Jackie D. Pevey (Registered Principal, Irvine, California), Michael D. Pittman (Registered Principal, Aurora, Colorado), and Stephen M. Kerr (Associated Person, Denver, Colorado) submitted an Offer of Settlement pursuant to which Tri-Bradley was fined $ 20,000 and expelled from membership in the NASD, The Oxford Group and Brennan Ross were each fined $ 20,000 and ordered to withdraw from membership in the NASD, and John Bradley was fined $ 15,000 and barred from association with any member of the NASD in any capacity.
In addition, Writer was fined $ 200,000 and barred from association with any member of the NASD in any capacity; McGaugh and Evanson were each fined $ 5,000, suspended from association with any member of the NASD in any capacity for nine months and required to requalify by examination as principals; and Pevey was fined $20,000, suspended from association with any member of the NASD in any capacity for one year and required to requalify by examination as a principal.
Also, Pittman was fined $ 10,000, suspended from association with any member of the NASD in any capacity for 15 days, and prohibited for five years from trading for a member of the NASD a class of securities not previously issued to the public through a registration statement or under an exemption from registration; and Kerr was fined $ 125,000 and barred from association with any member of the NASD in any capacity.
Without admitting or denying the allegations, the respondents consented to the described sanctions and to the entry of findings that Writer and Kerr, aided and abetted by Tri-Bradley, Bradley, Brennan Ross, and Pevey, created and implemented a scheme to manipulate a stock so that they could sell shares of the stock acquired by them at a substantial profit.
The NASD found that Writer, McGaugh, Evanson, Tri-Bradley, Oxford, Kerr, Brennan Ross, and Pevey sold unregistered securities to public customers. Furthermore, the findings stated that Writer, McGaugh, Evanson and Tri-Bradley, acting through Bradley, Oxford, Kerr, Brennan Ross, and Pevey, sold securities to public customers and failed to inform the customers of certain material facts. In addition, the findings stated that Writer, McGaugh, Evanson, Pevey, and Kerr participated in private securities transactions without providing prior written notice to their member firms.
Also, the NASD found that Tri-Bradley, operating through Bradley, and Brennan Ross, operating through Pevey, failed to establish, maintain, and enforce written supervisory procedures regarding the activities of Writer, McGaugh, Evanson, and Kerr. Furthermore, the NASD determined that Writer made false,inaccurate, and misleading statements to the NASD concerning his involvement in the aforementioned stock manipulation. According to the findings, Tri-Bradley and Bradley took shares of stock from Writer as an incentive or reward for making a market in the stock, and Brennan Ross, Pevey, and Pittman were given shares of the stock as an incentive for causing Brennan Ross to make a market in the stock but failed to record the transactions on the books and records of Brennan Ross.
Tri-Bradley Investments, Inc. (Englewood, Colorado) and Mary Frances Mernah (Registered Principal, Denver, Colorado) submitted an Offer of Settlement pursuant to which the firm was fined $ 118,000 and expelled from membership in the NASD. Mernah was fined $10,000 and suspended from association with any member of the NASD in any capacity for three months. Without admitting or denying the allegations, the respondents consented to the described sanctions and to the entry of findings that the firm, acting through Mernah, effected, as principal for its own account, over-the-counter sales of corporate securities to public customers at prices that were not fair. In addition, the findings stated that Tri-Bradley failed to provide the NASD with requested data.
Tri-Bradley Investments, Inc. (Englewood, Colorado) and John E. Bradley (Registered Principal, Englewood, Colorado) submitted a Letter of Acceptance, Waiver and Consent pursuant to which the firm was fined $ 50,000 and expelled from membership in the NASD and Bradley was fined $ 25,000 and barred from association with any member of the NASD in any capacity. Without admitting or denying the allegations, the respondents consented to the described sanctions and to the entry of findings that the firm and Bradley sold unregistered securities to public customers and aided and abetted nonregistered individuals to induce the sale of securities to public customers through the use of false representations of material facts.
exchange2000.com;
And there's lots lots more about Greg. oooooh, those nasty tax liens. But you'd never know if you only Called the Company.
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