Flynrider
Phoenix,#2Consumer Comment
Thu, April 25, 2013
" At the time I did not know that insider trading privileged information was illegal. "
Hard to imagine, given the high profile insider trading scandals over the years. Even if that's true, claiming ignorance of the law is not going to help. You still have the problem of "dirty hands". You still can't sue over an illegal transaction. It's the same reason that drug dealers can't sue each other.
If you really do attempt to sue this person, please come back and post the docket #. I'd think such a suit would be summarily dismissed, but I could be wrong.
Doris Ligman
Vancouver,#3Author of original report
Fri, April 19, 2013
At the time I did not know that insider trading privileged information was illegal. People need to be careful from this man because he will trick you and wipe out your bank accounts.
Flynrider
Phoenix,#4Consumer Comment
Thu, April 18, 2013
" he always promised that we would make huge business because he had access to insider privileged information about mergers and acquisitions by Centerbridge Partners. "
That's called insider trading and is a federal offense. You can go to jail for trading on privileged information.
" I have reported this to the authorities and am planning on starting a lawsuit against Centerbridge partners "
Didn't the "authorities" have anything to say about your plan to commit an illegal act?
I'd love to see what a judge would have to say about a plaintiff that was suing for being stiffed in an illegal transaction. Plug "clean hands doctrine" into your favorite seach engine.