This story is a tad off topic, yet I just got back from Chicago and wished to write about this story: Michael Lauer, the hedge fund manager who has been on trial has been found guilty by a Miami U.S. District Court Judge Kenneth A. Marra of defrauding investors during the years of 1999 and 2002 totaling more than five hundred million dollars. He must not have had a very good lawyer I would gather to guess.
Judge Marra found in a sixty-seven page order that Lauer had manipulated the prices of 7 different securities. These were a large part of the funds portfolios, which he didn’t provide a basis for such exceptionally high valuations. The Judge in question also found that he lied to investors about the hedge funds holdings. As the head of the Lancer Management Group and Lancer Management Group II, his actions were premeditated and resulted in the loss of millions and millions worth of investor’s hard earned funds. I realize that no one really suffered personal bodily injury per say but what about the emotional scars?
All in all, a ruling has not been given on the amount that Lauer will have to pay back to his victims. That amount is pending an evidentiary hearing and a fine amount decided by the Securities Exchange Commission which has to be made within sixty days or so. By the way if you happen to live in Chicago or the surrounding region and need a top drawer
Chicago Personal Injury Lawyer then I strongly wish to suggest the Budin Law offices as he is one of the finest Chicago Personal Injury Lawyer around that whole area.
The criminal trial for Lauer will begin in April for the charges in the hedge fund and according to his lawyer stated that Lauer will be pleading not guilty and will fight the charges at trial. The lawyer who is representing Lauer is Norman Moscowitz.
Well here is some more bay area criminal news for your digestion: In a police raid on Hells Angels locations including the Santa Rosa location of the Hells Angels that included the use of SWAT teams seeking evidence against two men accused of severely beating a man according to statements by Capt. Dave Sears.
The two men Jonathan Nelson from Healdsburg and Mark Anthony Guardado from San Francisco or San Jose are facing criminal charges which basically accuse them of acting in unison with a criminal street gang. If convicted this will obviously add additional time to their sentencing. In the evidence the authorities were seeking in the raid included information that the 2 individuals charged hold high profile positions within the Hells Angels and probably has great attorney representation.
Both of them have been charged with allegedly jumping a man and beating him to the extreme despite the fact that he had earlier lost consciousness. A savage crime indeed. This attack happened several months ago in the area around McNear’s Saloon & Dinning House in the Petaluma locale. By the way if you require a superb
San Jose Criminal Attorney then by all means take a look at the law offices of Ed Ajlouny. He is simply one of he best San Jose criminal attorney working and he also serves surrounding coomunities susch as as mountain View, San Francisco, Sunnyvale and Oakland.
Both men were again charged with allegedly beating the victim in March in the vicinity of Henny Penny’ Restaurant located at the on Petaluma Boulevard.
Both Nelson and Guardado have pleaded not guilty to both allegations according to records from the court. Each of the two have also file five million dollar lawsuits against Sonoma County after Superior Judge Ken Gnoss expelled them from the courtroom because of shirts they were wearing that had Hells Angels insignia on them. Judge Gnoss stated that the shirt insignias are intended to intimidate and threaten others.
During the San Francisco search by two FBI tactical teams Guardado was arrested for alleged drug possession according to statements by Capt. Sears.
Lately there has been a lot of high profile criminal news coming from San Francisco, San Jose and the surrounding area. For instance, a parolee recently pleaded Guilty to killing his instructor in Oakland. Troy Tyrone Thomas(that is touph sounding name for sure) is scheduled to be sentenced on September 5th to life without the possibility of parole.
Thomas, who by the way was on parole at the time of the killing has an extensive criminal history.
