ICM and Flottweg are both represented by the same counsel, however, and both failed to produce documents created before 2008. Furthermore, Plaintiffs have learned that ICM has agreed to indemnify Flottweg for this suit. See Ex. 4: Flottweg at pages 102-104.
Representatives of both ICM and Flottweg testified that these defendants made no effort to produce any documents created before 2008 and, in some cases, withheld documents created that year or earlier.
Indeed, ICM actually withheld this information from Plaintiffs, and possibly from its own counsel.
SEE HERE
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28 comments:
Perfecto. Surprise surprise surprise, this has made my week.
Let's not get too excited. This is still a "he said - she said", what GERS says ICM said. Remember these are the same attorneys that received a blistering rebuke in the past week.
That filing must have begun with a 50 million share dilution!!!!!!!
gers will definitely prevail....this is a mea culpa of sorts...
It's not hear say, it's the fact. Confession is good for the soul.
Fifty million shares is only $80,000 IF there were no discounts. That will not even pay for two months of legal services as contracted. The bills for the two new suits would come directly from this amount as well. In other words, 50 million shares MAY cover only one months legal expenses. GLTA
E-discovery sanctions are at an all-time high. We identified 230
sanction awards in 401 cases
1
involving motions for sanctions relating
to the discovery of electronically stored information (ESI) in federal
courts prior to January 1, 2010. We analyzed these cases for a variety
of factors, including sanctioning court, sanctioning authority,
sanctioned party, sanction type, and sanctioned misconduct. Our
analysis indicates that although the annual number of e-discovery
sanction cases is generally increasing, there has been a significant
1. See infra Appendix A. Modern cases may involve not only ESI but also paper
documents. Some of the cases involving e-discovery sanctions include discovery of both ESI and
paper documents.
WILLOUGHBY, JONES & ANTINE IN FINAL.DOC 11/29/2010 7:08:05 PM
2010] SANCTIONS FOR E-DISCOVERY VIOLATIONS 791
increase in both motions and awards since 2004. Motions for
sanctions have been filed in all types of cases and all types of courts.
The sanctions imposed against parties in many cases are severe,
including dismissals, adverse jury instructions, and significant
monetary awards. Sanctions against counsel, although uncommon, are
on the rise as well. All the while, the safe harbor provisions of Rule
37(e) of the Federal Rules of Civil Procedure
2
have provided little
protection to parties or counsel.
Weather report:
Morning -- raining of GERS stock
Afternoon -- dilution to follow
Tonight -- darkness and dim possibilities
It is time for all the little boys and girls, the genius that believed that there was going to be a pump and dump that they could capitalize on by buying a boat load at 0.002 to get out and cut their losses. Clearly not happening and their exodus will cause the price to fall sub 0.001 (that's triple zeroes to you weather forecasters).
0.0001 coming
0.0001 coming
0.0001 coming
0.0001 coming
0.0001 coming
We are soooo GRRREEENNN! I am going to be rich.
n0b0dy skared to post under his rea lnames, i run him out of town noe h skared cat, time to get wife out of basemant
0.0001 coming
.0001 = 10.00 a share soon to be a happy day. Klown. Greeeeeeeeeeeeeeeen!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Is on the way.
0.0001 coming
Sorry ICM it's too little to late. You will work for me some day soon.
0.0001 coming
Sorry again ICM, you will still work for me.
300 --> 0.0016 ???££££
ADRN is trading again, what is up with that dead horse?
Not a single post on I-Hub in nearly a week. Are we dead and do not know it, or just diluted to death?
Icm is screwed
Anonymous Anonymous said...
n0b0dy skared to post under his rea lnames, i run him out of town noe h skared cat, time to get wife out of basemant
The noose is tight
hands are bound
the floor door opens today
now he can watch what he built hang and rot away
Rip ICM
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