by aahala » Wed 06 Apr 2005, 13:37:18
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That kind of information usually comes from "insiders" with intimate knowledge of the lawsuit and the parties. I would say that you know more than you are letting on. Nothing personal because I don't know you. But your post about all this research into this case seems a little biased.
I certainly do not have inside information. I can understand why you may
not have read the first Securities link I provided, it takes a long time to
load.
On that I will simply direct your attention to the findings of fact --
apparently not in dispute; if the final cease order(the second link) was
rescinded as some has claimed, I can't find it. Does anyone have a cite?
The undisputed facts from the original hearing included: Thedford placed
membership fees into her personal account, paid personal expenses--
mortgage, insurance and utilities from Assn funds, made a loan to her
sister from these funds, rented her own property back to the Assn
without membership knowledge or prior Board approval , paid herself
and her two daughters as employees without disclosure and without prior
board approval, did not place 75% of funds collected into a trust account
for legal fees as required by Assn. by-laws.
The securities hearer did not find fraud -- that was my ruling based
on everything seen and discussed.
The lawsuit seems to be dead, half way down the page, see
Bea Thedford vs Union Oil etal:
http://caselaw.lp.findlaw.com/data2/tex ... 0900or.htm
My loyalty is not with the oil companys or the Association, but to the truth.