Read legal documents for Shirley vs. JED Capital, John Harada

by AnnB on January 17, 2010

I have posted Christopher Shirley’s complaint against JED Capital and John Harada on Scribd. Cutting and pasting is not possible, but there are some juicy bits about how NTKN was funded including on page 6. Read it yourself and feel free to reference the best sections in the comments.

Shirley’s asking for $20 million, but when I was a working journalist, they used to tell us not to report these figures, which are essentially meaningless given that the plaintiff can ask whatever he wants (so long as he’s not worried about pissing off the judge.)

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Comments

1 Anonymous January 18, 2010 at 1:01 pm

$20 million is chump change. It wouldn't pay one Goldman Sachs bonus or get you in with Bernie Madoff.

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2 Anonymous February 1, 2010 at 4:55 am

I love that the only mention of JED's trading with NTKN data required JED to reimburse someone 150k because the data was wrong.

Just greedy fools behind curtains.

I wonder how MNI will react.

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3 Anonymous February 11, 2010 at 3:01 am

and the mysterious business model keeping NTKN in business:

Pump and Dump

lolz

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