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  • Report:  #942336

Complaint Review: PACIFIC PREMEIER LAW GROUP - Internet

Reported By:
PUBLIC SERVICE FIRST AMMENDMENT - , , United States of America
Submitted:
Updated:

PACIFIC PREMEIER LAW GROUP
IRVINE, CALIFORNIA Internet, United States of America
Phone:
Web:
http://pacificpremierlaw.com/
Categories:
Tell us has your experience with this business or person been good? What's this?
This is a public service announcement on lawyers who post misleading case results to induce theior clients to hire them. Its called "Fraud" in the inducement, and of course these guys know what they are doing;

First Case PACIFIC PPREMIERE LAW GROUP ; HERE IS THEIR FIRST CASE WRITE UP:

Confidential
Practice Area: Securities / Investment Fraud
Date: Apr 20, 2012
Outcome: Settled
Description: After approximately a 2 year investigation by FINRA (financial industries regulatory authority), my... more Case Conclusion Date: April 20, 2012
Practice Area: Securities / Investment Fraud
Outcome: Settled
Description: After approximately a 2 year investigation by FINRA (financial industries regulatory authority), my client was on the verge of being charged for fraudulent unauthorized trades on several customer accounts. FINRA was initially seeking a lifetime bar from association with a FINRA member (in other words, the stock broker client would no longer be able to be a stock broker) plus approximately $400,000 in restitution. We were hired approximately 1 year through the process. We were able to settle the case with a suspension, a fine, and minor restitution. The Client will able to resume his life shortly and re-enter the business as he sees fit. The Client's goal as to avoid a lifetime bar as it would destroy his ability to make money.

SOUNDS GOOD RIGHT ?
WRONG, WE FOUND THE ACTUAL CASE RESULTS BELOW

CASE ENTITLED F.I.N.R.A vs MILTON AULT, (Note) AULT is a friend of the law firms.

The bottom line is that the defendant agreed to accept the following to keep his a*s out of HARMS WAY WHICH IS NOT OVER YET. The above description does not even mirror the true facts as forth by PACIFIC PREMIERE LAW GROUP. SEE BELOW CASE

FINANCIAL INDUSTRY REGULATORY AUTHORITY
LETTER OF ACCEPTANCE, WAIVER AND CONSENT
NO. 20080161571-01

Financial Industry Regulatory Authority ("FINRA")
RE: Milton Charles Ault HI, Respondent
CRD No. 2157788
$300,000.00 In Restitution & $75,000.00 in fines.
Also this same guy has 7 different law suits agianst him 6 are for fraud in the superior court

Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, I, Milton Charles Ault III ("I" or
"Respondent"), submit this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose
of proposing a settlement of the alleged rule violations described below. This AWC is submitted
: on the condition that, if accepted, FINRA will not bring any future actions against me alleging
violations based on the same factual findings described herein.
I.
ACCEPTANCE:AND"CONSNT .
A. I hereby accept and consent, without admitting or denying the findings, and solely for the purposes of this proceeding and any other proceeding brought by or on behalf of FINRA, or to which FINRA Is a party, prior to a hearing and without ah adjudication of any issue of law or fact, to the entry of the following findings by FINRA: BACKGROUND

Respondent was an associated person with, and Clnef Executive Officer of, Zealous Capital Markets, LLC, aFINRA registered member duringthe relevant period to this AWC. Respondent was most recently registered at a FINRA member firm until April 29, 2010, whenthe fh-m filed a Form U-5 terminatmg his registration. Although Respondent is no longer associated with a FINRA member firm, he remains subject to FINRA's jurisdiction pursuant to Article V, Section 4 of FINRA's By-Laws

RELEVANT DISCIPLINARYffiSTORY agreed to by the staff, Respondent shall forward any undistributed restitution and interest to the appropriate escheat, unclaimed-property or abandoned-property fund .forthe state in which the customer is known to have last resided.

The fine shall be due and payable either immediately upon reassociation with a member firm following the two-year suspension noted above, or prior to any application or request for relief from any statutory disqualification resulting from this or any other event or proceeding, whichever is earlier.

I specifically and voluntarilywaive any right to claim tliat I am unable to pay, now or at any time hereafter, the monetary sanction(s) imposed in this matter.

I understand that if I am barred or suspended from associating with any FINRA member, I become subject to a statutory disqualification as that term is defined in Section 3(a)(39) of the Securities Exchange Act of 1934, as amended. Accordingly, I may not be associated with any FINRA member in any capacity, including clerical or ministerial functions, diiring the period of the bar or suspension. (See FINRARules 8310 arid8311.)

The sanctions imposed herein shall be effective on a date set by FINRA staff.

WAIVER OF PROCEDUR/AL TUGHTS

I specifically and voluntarily waive the following rights granted under FINRA's Code of
. ' Procedure: . ..
A. To have a Complaint issued specifying the allegations against me;
B. To be notified of the Complaint and have die opportunity to answer the allegations in
writing; ...
C. To defend against the allegations in a disciplinary hearing before a hearing panel, to have
a written record of the hearing made and to have a written decision issued; and
0. To appeal any such decision to the NAC and then to the U.S. Securities and Exchange
Commission and a U.S. Court of Appeals.
20080161571 (DF) 3

Further, I specifically arid voluntarily waive any sight to claim "bias or prejudgment of the General Counsel, the NAC,or any member of the NAC, in connection with such person's or body's participation in discussions regarding the terms and conditions of this AWC, or other consideration of this AWC, including acceptance or rejection of this AWC.

I further specifically and voluntarily waive any right to claim that a person violated the ex parte
prohibitions of FINRA Rule 9143 or the separation of functions prohibitions of FINRA Rule . 9144., in connection with such person's or body's participation in discussions regarding the terms and conditions of this AWC* or other consideration of this AWC,; including its acceptance or
rejection. ..
i n . "OTHER MATTERS

I understand that:

A. Submission of this AWC is voluntary and will not resolve mis matter unless and until i has been reviewed and accepted by the NAC> a Review Subcommittee of the NAQ or the Office of Disciplinary Affairs ("ODA^p^uantto FINRA Rule 9216;

B. If this AWC is not accepted, its submission will not.be used: as evidence to prove any of the allegations against me; and C. If accepted:
1. this AWC will become part of my permanent disciplmary record and may be considered m any future actions brought -

I certify that I have read arid understand all of the provisions of this AWC and have been given a
full opportunity to ask questions about it; that I have agreed to its provisions voluntarily; and that
no offer, threat, inducement, or promise of any kind, other than the terms set forth herein and the
prospect of avoiding the issuance of a Complaint, has been made to induce me to submit it
Newport Beach, CA 92660

THIS IS A MUCH DIFFERENT PICTURE THAN SET FORTH BY THE LAW FIRM CASE RESULTS ABOVE CONCERNING THIS CASE. MOREOVER THERE IS ANOTHER CASE AS REPORTED BY THE LAW FIRM.

THE FIRST CASE IS MARKED CONFIDENTIAL ON THE LAW FIRMS WEB SITE YET THE FINRA FINE AND RESTITUTION IS PUBLIC INFORMATION, WHY WOULD THE LAW FIRM MARK THE CASE CONFIDENTIAL?

MOREOVER WHY WOULD THE FIRM SLANT THE OUTCOME ? i KNOW WHY CHECK THE LAW FIRMS SECOND CASE RESULTS BELOW

GlAZER VS AULT  OR COMMONLY KNOWN AS MILTON C AULT tyhe same guy as above

Practice Area: Litigation
Date: Oct 01, 2011
Outcome: Settled

Description: Plaintiffs were able to get a default judgment against Defendants totally approx. $1.5M. We filed a... more Case Conclusion Date: October 1, 2011
Practice Area: Litigation
Outcome: Settled

Description: Plaintiffs were able to get a default judgment against Defendants totally approx. $1.5M. We filed a motion to vacate the default judgment. We were able to settle the case for $750k payable over 5 years.

ANOTHER FALSE AND MISLEADING CASE RESULT THIS GUY AULT NOW HAS SEVEN SUITS AGAINST HIM FRO FRAUD AND WHO IS HIS DEFENSE LAWYER ? YOU GUESSED IT ARESH SHIRDEL FROM PACIFIC PREMIERE LAW GROUP, WHERE IS AULT GETTING THE MONEY IF HE HAS ALL OF THESE FIMES TO PAY? MAYBE A QUESTION FOR HIS LAWYER >>>>>>


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