former Tuco traders

Discussion in 'Prop Firms' started by ab443, Apr 7, 2008.

  1. jazzsax

    jazzsax

    post a blotter to prove it!

    (just kidding)
     
    #151     May 16, 2008
  2. ab443

    ab443

    tell it to the judge!!! his contact information has been posted in the past
     
    #152     May 16, 2008
  3. Daal

    Daal

    no. im told the judge already talked with lennon for him to do a distribution this month. dont call him and give him a reason to change his mind
     
    #153     May 16, 2008
  4. Alex1

    Alex1

    hi all

    Does anyone know the reason behind why Tuco has filed an appeal? Looks like it was served on May 15; filed with the court on May 19.

    The final accounting is due May 30. I hope that is still the case.

    Thank you,

    Alex
     
    #154     May 20, 2008
  5. briana

    briana

    Is there a link or copy of the "appeal" anywhere?
     
    #155     May 21, 2008
  6. ab443

    ab443

    yes I'd also be very interested in seeing the appeal ,some one please post it
     
    #156     May 21, 2008
  7. ab443

    ab443

  8. i thought tuco already agreed to the punishment and agreed to all the findings? on the appeal you linked it says nothing on why there's a complaint filed or for what?
     
    #158     May 21, 2008
  9. ab443

    ab443

    your guess as good as mine....put in a call to Lennon but got no response
     
    #159     May 21, 2008
  10. I felt like putting in my knowledge of the situation.

    Doug Frederick has hired an attorney who offered to take on the case pro bono because of the illegalities that the SEC has undertaken in this case. Doug originally consented to the SEC findings only because they had him by the nuts and to fight the case would have almost cost millions. Doug did not seek out an attorney and at the point of our last conversation he was considering on whether or not taking on the pro bono attorney to fight this whole fiasco. Let me state one more time for the record. Doug Frederick DID NOT STEAL ANY MONEY FROM ANYONE! The SEC accused him of some very vicious things that not only ruined his reputation but as you can imagine had considerable ramifications in his personal life. Doug is a stand up guy. He will be seen as such. Thomas Lennon however is a scum sucking dirtbag. He is actually the scum that grows on scum...... This man wont return phone calls and when he does, if he senses any anger he will have his lawyer call you. Now what does that tell you about someone who is "looking out for our best interest." I hope Doug and his attorney get recievership. Doug could wrap this whole thing up in a matter of weeks. Thomas Lennon could not fight his way out of gay bar surrounded by harry transvestite mexican midgets. The guy is a total tool and he is simply using the Tuco money as his own piggy bank. By the way his rate is , $200 per hour, according to his attorney. He is currently arguing with Penson about 250k in losses that were due to errors at penson that they do not want to pay. he is also trying to resolve problems at GLB with trading rebates. This should take weeks, not months. Like I said, Doug is a stand up guy and if he can get the recievership this thing would be wrapped up in weeks. crossing my fingers here.......
     
    #160     May 21, 2008