I've uploaded a few documents for those of you who are still trying to make some sense out of the New York lawsuit. It doesn't seem likely to me that anything positive can come out of this for investors.
There seems to be a major lack of communication and these attorneys cannot come to an agreement. With that said I don't see how their services would be beneficial to anyone.
St. Petersburg Times personal finance editor Helen Huntley writes about money topics and answers questions about financial planning, investments and personal income taxes.
Helen has been following the Lou Pearlman/Trans Continental investment scam since December 2006. Read more about it in this special report and on this blog.
I wonder how all those people who paid $1000 each feel right now..
Posted by: | December 10, 2007 at 09:29 AM
I wonder how all those people who paid $1000 each feel right now..
Posted by: | December 10, 2007 at 09:29 AM
No, there is no class action lawsuit.
Posted by: Helen Huntley | December 09, 2007 at 01:15 PM
The defendents must be quite pleased. Hope JL got the publicity he wanted.
Posted by: | December 09, 2007 at 12:18 PM
Is there a class action?
Posted by: | December 09, 2007 at 11:16 AM
There seems to be a major lack of communication and these attorneys cannot come to an agreement. With that said I don't see how their services would be beneficial to anyone.
Posted by: Kim | December 09, 2007 at 09:18 AM