We have been contacted by former investors of FCC and DCF and have been asked questions regarding the Settlement that was presented to the Staff Litigators. They want to know why the Settlement Offer we talk about earlier in this blog was not accepted by the BCSC – and why Staff insisted that the only way they would allow a Settlement to occur was IF we agreed to ALL the allegations in the Notice of Hearing, issued on June 14, 2013….and then agreed to pay nearly $6 million in fines and restitution. The lawyer who made these statements was C. Paige Leggat – a simple $100,000 a year lawyer who resigned after we alleged they manipulated the main document in the hearing.
To all of you that have made contact with us – please call or email the Executive Director of the BCSC at the number/email located below and ask them these 5 questions:
It is time these people answer why the investors are not currently receiving money from the development of the Deercrest Townhomes. You are entitled to answers from these people! They are public servants!
Deercrest Unit in 2016
I agree with all the above. As I stated in the courtroom, I believe that Mr Rod Whorram would have given his investors a good portion of their money back had the Securities Commission allowed him to proceed with the completion and sale of the Deercrest Townhomes. I believe he had everything in place to do just that until the Commission stopped him. As it turned out I am hurt bad by that investment and believe it could have turned out much better if the Commission would have made in my mind the correct decision.