Steve Stites, Superstar!

Message ID: 132554
Posted By: nobbutl
Posted On: 2004-05-10 20:32:00
Subject: Steve Stites, Superstar!
Recs: 30

WOW. SUPERB.
http://users.rcn.com/srstites/jacuse/sec.complaint.v4.html
(found on Groklaw, posted by Anonymous)

If you are ever here and reading this, Sir, may your life be forever enriched beyond the merely financial.

<<
May 9, 2004

Dear Sir,

I am sending this complaint to the Securities Exchange Commission (enforcement@sec.gov) to describe the illegal actions being taken by BayStar Capital LP, Boies Schiller & Flexner, Jeff Hunsaker, Microsoft Corporation, Thomas Raimondi, Royal Bank of Canada, The SCO Group, Inc., and Vulcan Capital. These entities have committed numerous crimes centered around the recent activities of The SCO Group, Inc.

1. SCO is grossly exaggerating the value of its intellectual property by
claiming ownership of operating systems actually owned by other people.
This exaggerated claim is a fraud on the investing public. [...]

2. Microsoft has invested in SCO equity above the 5% reporting threshold without
revealing their true identity. [...]

3. BayStar, Boies, Schiller, and Flexner, Microsoft, Royal Bank, SCO
management, and Vulcan Capital are engaged in insider dealing to the
detriment of the outside SCO shareholders. [...]

4. The SCO Group has illegally manipulated the price of their common stock. I
am asking the Securities and Exchange Commission to examine every trade made
in SCO stock during the time period of March 29 through April 7 to see if
SCO was manipulating the SCO stock price, making wash trades, and marking
the close. If such illegal trades were made then both SCO and the broker
who made the trades for SCO have broken the law. [...]

5. SCO has illegally manipulated its insider stock option plan. [...]
>>

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