HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US
Elite Trader Your Account  •  Become a Member  •  Help  •  Search    
    Forums ›› Direct-Access Brokers ›› Prop Firms ›› former Tuco traders  


Post A Reply
    Page 28 of 29:   « First Page   19  20  21  22  23  24  25  26  27   28  29  
wtf
 

Registered: Jan 2008
Posts: 6

 

05-22-08 04:27 AM


Quote from mksummny:

Doug is a stand up guy.



Stand up guy? Like f@#k he is.

Now that he has his furniture back he is gonna grab a pro bono ride and fight the power?

Give it a rest.

Tuco was run by a moron. So unless you mean he is a stand up f#cking moron, then yea, hard to argue that.

    Edit/Delete Quote Complain
ab443
 

Registered: Mar 2008
Posts: 14

 

05-22-08 04:25 PM

i wonder if this appeal will freeze the supposed distribution which was supposed to occur end of May? and if so it doesnt do much to help all the tuco traders does it?

    Edit/Delete Quote Complain
briana
 

Registered: Aug 2006
Posts: 28

 

05-22-08 04:31 PM

Is there any info on the basis of the appeal? The only filing I have seen is a "notice of appeal" that does not say what is being appealed.

    Edit/Delete Quote Complain
jazzsax
 

Registered: May 2006
Posts: 278

 

05-23-08 11:46 PM

Lennon is going to milk this puppy. Take a look at some other cases he's working on and read the applications for fees and disbursements.

Check out Learn Waterhouse Inc on his site.

Between his company and his lawyers, nearly 400K to his company and over a million to his lawyers!!!!

He will milk this puppy worse than a farmer milking cows.

Good luck folks.

    Edit/Delete Quote Complain
monstercat
 

Registered: Dec 2007
Posts: 204

 

05-24-08 02:51 AM

my friend who was with tuco said he talked with lennons secretary this week. she said the books were a mess and there were large open positions that were never closed. she said there was no fraud. he said she acted like the total payout wouldn't be anywere near 100%. again just passing along the info

    Edit/Delete Quote Complain
ang_99
 

Registered: Oct 2003
Posts: 1282

 

05-24-08 03:24 AM

Did tuco have a compliance officer?

Isn't this the first hire you make when you're in the securities industry to make sure you're, well... compliant?

    Edit/Delete Quote Complain
    Page 28 of 29:   « First Page   19  20  21  22  23  24  25  26  27   28  29  
Post A Reply


Receive an email whenever a new post is added to this thread by subscribing to it.
 
Rate This Thread:

Forum Jump:
 

 

   Conduct Rules  -  Privacy Policy  -  Day Trader -  Day Trader Forum -  Best Trading Software -  Sitemap Copyright © 2013, Elite Trader. All rights reserved.    
 
WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Brokerage & Clearing
AMP Global Clearing
Futures and FX Trading
Bright Trading
Professional Equities Trading
CTS
Futures Trading Software
DaytradingBias.com
Professional Trading Analytics
ECHOtrade
Professional Trading Firm
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
MultiCharts
Trading Software Provider
NinjaTrader
Trading Software Provider
OANDA
Currency Trading
optionshouse
Option Trading & Education
Questrade
Canada's #1 Online Broker
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thinkorswim by TD Ameritrade
Direct Access TradingAdvertisement
TradersStudio
System Building & Backtesting
Trading Technologies
Trading Software Provider
Trend Following
Trading Systems Provider