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Post by Jim on Jul 8, 2014 21:58:22 GMT
Fournier v. Scuderi Group, Inc., C.A. No. 13-30111. Does anyone know the status of this case?
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Post by Cyril on Jul 8, 2014 22:57:11 GMT
Can't investors find out by calling the SEC if investigation is closed? Other thoughts?
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Post by Jim on Jul 10, 2014 1:05:32 GMT
Fournier v. Scuderi Group, Inc., C.A. No. 13-30111.
Surprised no one commented about this. With a little bit of research I found that the case is still active. The Scuderi's have filed motions to have the suits dismissed and are waiting to hear back from the court. I also learned that this is filed as a class action suit. The class may consist of investors that have purchased shares in 2011 and after. Apparently if you purchased shares prior to 2011 you are out of luck based on the statute of limitations.
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Post by Paul on Jul 10, 2014 13:17:26 GMT
Thanks Jim
All good information, hopefuly it soon gets dismissed, from what I've heard the SG has a very strong case.
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Post by Car Guy on Jul 12, 2014 1:30:18 GMT
Hey GG,
I've lurked here for awhile and appreciate your posts...
A couple years ago, I was at a meeting in Springfield. Lutz and Michael were there. Hundreds of people attended. At one point, Michael told us that we were soon going to have a big party and "an IPO bigger than google." I heard it with my own ears and wrote it down verbatim. I was there with several people I know. Some people may have even recorded it, but I'm not sure.
Anyway…The crowd, which was mainly made up of blue collar workers, cheered, stood, and clapped…we were on the verge of signing Daimler…all was good.
Man it was beautiful. People, old and young, rich and poor, opened their checkbooks (A coworker of mine included) in anticipation of unimagined wealth in the form of a Google-like IPO. It never happened.
I hear you reference Lutz now and then…that he's not in the office…that the Frankfurt Office is dark. But whatever happened to Michael? What does he have to say for himself? Did he knowingly perpetuate a lie? If so, where is he?
I only ask you because...Living in Germany, and being a (and I quote), "German Guy", I wonder if you might know him. He briefly posted on the original Proboards blog but quickly disappeared.
Anyway, I'd love to know why he said what he said regarding our pending Google-like IPO. And possibly, could he now be critical of a company whose propaganda machine he was once such a large part of?
If you have any idea who he is, I'd love for you to reach out to him and ask him why he did what he did, what his motives were then, and what his motives are now.
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Post by Paul on Jul 13, 2014 19:24:21 GMT
Excellent inquiry Car Guy!
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Post by Car Guy on Jul 13, 2014 19:39:28 GMT
Thanks...I was wondering if anyone saw it.
Crickets.....
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Post by Just me on Jul 13, 2014 20:56:47 GMT
German Guy is watching soccer ......
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Post by Car Guy on Jul 13, 2014 21:22:17 GMT
For two days straight?
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Post by Just me on Jul 13, 2014 21:49:09 GMT
Now he will be celebrating for few days!
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Post by Paul on Jul 14, 2014 11:37:36 GMT
Germany had a great tournament, congrats to all German soccer fans!
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Post by Car Guy on Jul 17, 2014 21:36:10 GMT
Sorry all, my posts made GG disappear like Houdini.
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Post by Paul on Jul 17, 2014 22:31:54 GMT
Very interesting!!!
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Post by Car Guy on Jul 18, 2014 21:08:50 GMT
Yes...interesting indeed.
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Post by dan on Jul 21, 2014 16:15:45 GMT
I understand this is about a fine that was paid years ago. why is it still a topic? the co is making deals today and no one is saying anything about it? seems this question site is nothing more that a tool to drum up business for lawyers. even more the people complaining have no investment other than hearing their own voice or work for lawyers. scuderi group is going to be a huge co that provides cheap energy for the public. wakeup naysayers...
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